Today's Bakkt volume is around 7X times what it was when this thread was posted. You can obviously notice that the investors interest/participation is gradually increasing. Of course that 46 BTC is only around $400,000 which is nothing compared to the Bitmex 1.5 billion USD daily volume. But it's good to see it increasing. Maybe institutional are still a little bit afraid or maybe waiting for something 
Anyway I'm very bullish on it even if daddy Bakkt hasn't shown his powers yet.
Anyway I'm very bullish on it even if daddy Bakkt hasn't shown his powers yet.
Institutional traders PREFER to trade cash backed Futures, so it will take time for them to get used to asset backed Futures like the Bakkt offering. The price has also gone down, so they have not experienced a "pump" yet... you will see a sudden increase in the volume being traded on Bakkt, when we see a pump again.
How many investment options do you know that experience a 20%+ pump in a price in a matter of days... and this is going to be the trigger for institutional investors when it happens.
