Just read this:
It was covered here before.
So this is an ETF that willl not be traded on margin, use leverage, or serve to create a paper claim on a real asset, so say the people behind it.
Anyway, I was trying to figure out if this ETF is a done deal or if it still needs regulatory approval, and apparently the CFTC is looking into it. But the people that get paid to tell you good things are coming, are saying good things are coming to BTC once this approval happens. In there words - “The U.S. Commodity Futures Trading Commission (CFTC) must first declare Bakkt fraudulent free, however — though it is widely expected to do so.”
So… anybody taking this news to the bank? I mean exchange?
$6300 right now. Boo.