the bakkt ann was about the start of testing. did anyone see how long that might take?
Good catch. I thought they were
launching in July.
I'm guessing bitebits is correct, give or take a couple weeks. In the announcement, they said this period is "to ensure that customers have time to onboard and can test the trading and custody model." That doesn't sound like an endless process.
Then again, we don't know for sure the CFTC is on board. If the CFTC doesn't like what they see, the testing phase may become more of the same old delays we're used to.