Bakkt: Institutional Investors to Drive Growth in Crypto Trading Market
BKKTBakkt (BKKT) pymnts.com·2024-05-16 10:16

Institutional investors are going to play a bigger role in the cryptocurrency trading market, Bakkt said Wednesday (May 15) when announcing its latest quarterly results. Bakkt, which provides custody, trading and onramp capabilities for the crypto economy, said in a presentation released Wednesday that this increase in the mainstream adoption of crypto was sparked by the Securities and Exchange Commission’s (SEC) approval of bitcoin exchange-traded funds (ETFs). During the quarter ending March 31, crypto tr ...