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BAKKT - Why we are starting with Bitcoin and offering it to our users.

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We've been asked why we're starting with bitcoin. Here's why:

Bitcoin today accounts for over half of total crypto market capitalization and has been deemed to be a commodity, and its derivatives are regulated in the US by the CFTC.

As the world’s most liquid and widely distributed cryptocurrency, and where we’ve seen the most customer demand, bitcoin’s profile creates a liquid product on which to build a futures contract