Very good information! I think bakkt is a great way to measure institutions activity on the Bitcoin scene. There’s no way the are going to bother with private keys and wallets and exchange deposit/ withdrawal addresses etc.
Glad to see your on the case as I wanted to look at the volume on bakkt at some point. 💯👍🏼
Yep, I have done a few posts on bakket over the past few weeks i you want to a look. The volumes in general are still extremely small compared to that of the CME. Though, in time hopefully that will change.
Yes I have, I think you told us that Michael Novogratz was one of the first people to place a trade on bakkt.
I thought that was so cool! He has really supported Bitcoin at so many different price levels. Some of the other big investors just seem like hodlers to me.
Yep, agreed. He is doing his best to make sure bitcoin sees wide spread adoption.