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Bakkt Joins Robinhood and eToro in Delisting Major Altcoins

June 17 (Cointime) - Bakkt, a U.S.-based firm, has announced that it will delist ADA, MATIC, and SOL due to regulatory ambiguity surrounding the tokens.

This move follows similar delistings by Robinhood and eToro, and reflects industry concerns over the legal status of altcoins named in the SEC's lawsuits against Binance U.S. and Coinbase. Bakkt's decision to delist these tokens is in line with its long-term strategy of pivoting away from the retail market and focusing on business-to-business services.

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