What is Bakkt for?
Since bitcoin is not yet fully regulated, for many investors it is not a feasible option.
There are investors, especially institutional investors, who may be interested in investing in BTC, but who by law can not do so because they are forced to invest only in regulated assets.
Bakkt’s futures will be fully regulated and fully compliant with US regulations, thus allowing institutional investors to invest in this sector as well.
In addition, a very difficult problem to address and resolve, especially for those who want to hold large sums of money in BTC, is that of safekeeping.
As a futures contract, Bakkt actually solves this problem for its customers.
Bakkt, in fact, also allows investing in bitcoin in complete safety without having to worry about the storage of BTCs, because this is the direct responsibility of the company