Bakkt has been too drawn out for there to be much price effect. Most people don't understand what it is anyway. There've been plenty of similar scenarios in the past like the launch of LedgerX 2-3-4 years ago. Lots of people thought that was going to be world changing. Then nothing happened. There was no pump. There was no crash either.
ledgerX
did get their CFTC approval at the end of july 2017, right before bitcoin went totally parabolic. that was probably coincidental though. if there was a news catalyst at the time it was probably consensus around segwit activation.
if bakkt launches a month from now, the market might pump coincidentally again considering the raging bull market on the monthly chart. price isn't gonna stay down here for endless months. i'd be surprised if we didn't see liftoff by october.