We were all waiting eagerly for its release and since it launched its Bitcoin options on December 9, a wave of happiness was spread among everyone that now BTC will be moon, now we will lambo and what not. But, what happened defines a very different story and we can't deny how badly the last 10 days went for Bakkt when zero trading volume knocked their doors.
https://www.theblockcrypto.com/post/54294/bakkts-bitcoin-options-saw-zero-volume-last-weekGo there and read, how calmly the ICE's spokesperson said during a recent interview that Bakkt continues to see strong interest in both its bitcoin options and futures products.
If that is the case, why their working product is yet not being used since 10 days and why the volume of institutional investors is so low at Bakkt compared to CME futures?