While some experts are not very optimistic about the future of Bitcoin, some other believe that Bitcoin is likely to strengthen its positions.
Kelly says that the regulated and licensed Bakkt platform will provide an easy entry point for the arrival of institutional products like Bitcoin ETF.
Bakkt aims to develop an integrated platform with a seamless global network to enable crypto enthusiasts operate their digital spendings easily.
Intercontinental Exchange will be discussing with other financial institutions on working to make ICE-backed bitcoin swap contracts available to the banking institutions.
Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), is launching a new cryptocurrency-based data feed together with blockchain startup Blockstream.