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.
Another crypto exchange has hired an institutional trading executive. Former NYSE chief information officer soon will join cryptocurrency exchange Gemini.
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.
Reality Shares Advisors and Amplify Trust ETF launched BLCN and BLOK ETFs — the first blockchain-based exchange-traded funds. The trading started on Nasdaq and the New York Stock Exchange Arca yesterday
The New York Stock Exchange wants to launch new Bitcoin-related exchange-traded funds (ETF) on Arca. If the SEC approves it, NYSE will become the third American exchange to offer Bitcoin futures contracts.
After a major slump and correction, Bitcoin price pulls back giving a major relief to investors.