YES! :D
I read about Intercontinental Exchanges and their plans a couple of hours ago on a timeinc/Fortune article.
The timeinc/Fortune article talked about a panopoly of new funds:
an excerpt:
If the Bakkt blueprint works as planned, a panoply of new Bitcoin funds would tap the pent-up demand for the cryptocurrency, making it a safe and easy choice for everyday investors—notably millennials getting their first 401(k)s. Wall Street could then tap Bitcoin’s popularity as an alternative to stocks and bonds to generate giant trading volumes. And that flood of institutional buying and selling, in turn, would take the terror out of Bitcoin by smoothing its wild swings in price.
ICE has more partners than you mentioned, but it's all very cool from our perspective. A federally regulated market should allow some investors to feel more comfortable about getting in to.
“Bakkt is designed to serve as a scalable on-ramp for institutional, merchant, and consumer participation in digital assets by promoting greater efficiency, security, and utility,” said Kelly Loeffler, ICE’s head of digital assets....from the timeinc/Fortune article.
With Bakkt, there is also a strong possibility of using your smartphone instead of Visa or Mastercard, but for Bitcoin.