Go 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.
Yeah, that sounded like a typical public relations statement putting a spin on a bad situation and I wouldn't put much faith in it.
Very interesting. I was among those who thought Bakkt would boom once launched, because I'd figured that hedge funds and other big-money investors would want in on the crypto game, and the only good way to do that would be through futures and options. Apparently the reception is tepid at best, and I'm kind of surprised to see that.
Even the volume on the CME seems pretty low. I've no idea what's going on behind the scenes, but my guess is that if business doesn't pick up on Bakkt, they'll shut their doors.