Bakkt update:Testing for bitcoin futures custody and trading planned this July

[Pamadar]

There's nothing wrong in expecting the best but sometimes, too much expectations hurt. It's true that these events could really help the price increase but I don't think expecting too much after this event is effective. There would still be a lot of changes to come. No one really knows what will happen.

That is correct, at least another good news has come to us, but we shouldn't expect too much though. July is just a testing phase and we don't know if CFTC has given them the green light already. This is welcoming news if this comes to reality but we have to wait how things will go in the future.

It will be a testing period and if that will succeed we will expect the good outcome of this news, we are optimistic fro, this investment so whenever we heard some news about adoptions and things related to this industry we are all thinking positive, as believing that future will be good for this industry,
adoptions will soon be enjoyed.

[figmentofmyass]

Let's not over hype this whole "test" exercise from Bakkt.    They created the platform and now they are doing some "tests" to see if there are a real demand for it, so it is not even close to full implementation yet.

The regulators are also not 100% on board for this, so it is a bit premature to say that it is going to be successful. We have been seeing a lot of promises and announcements from Bakkt in the last couple of months and most of that has been stalled by the regulators. 

we haven't heard anything from bakkt for the last several months, except for their successful seed investment round. that's because they realized they had greatly exaggerated their ability to quickly launch and didn't want to keep missing deadlines.

i'm still taking this announcement with a grain of salt since the CFTC can still stop it dead even if they self-certify. however, with the above context in mind, i'm inclined to think the july launch date might actually be for real this time.