<?xml version="1.0" encoding="UTF-8"?>

<!--XBRL Document Created with the Workiva Platform-->
<!--Copyright 2024 Workiva-->
<!--r:8a663e33-7204-4b47-850b-9d53fe5d08ba,g:b8173589-9723-4d89-8cb1-4c6c81355434-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheets" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheets"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheets" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_25be12bc-e12a-49d3-a83a-1f45eee528e5" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdditionalPaidInCapital_185395cd-877b-4cd0-8d83-330907e64aa1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AdditionalPaidInCapital"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_25be12bc-e12a-49d3-a83a-1f45eee528e5" xlink:to="loc_us-gaap_AdditionalPaidInCapital_185395cd-877b-4cd0-8d83-330907e64aa1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockValueOutstanding_20e7e924-bd76-4b90-9910-7242fce18a30" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommonStockValueOutstanding"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_25be12bc-e12a-49d3-a83a-1f45eee528e5" xlink:to="loc_us-gaap_CommonStockValueOutstanding_20e7e924-bd76-4b90-9910-7242fce18a30" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsAccumulatedDeficit_b0e7a809-c6a6-4670-a2ae-26c0ffa84123" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RetainedEarningsAccumulatedDeficit"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_25be12bc-e12a-49d3-a83a-1f45eee528e5" xlink:to="loc_us-gaap_RetainedEarningsAccumulatedDeficit_b0e7a809-c6a6-4670-a2ae-26c0ffa84123" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_54564205-f227-405c-871a-92d44a340c64" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquity_25be12bc-e12a-49d3-a83a-1f45eee528e5" xlink:to="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax_54564205-f227-405c-871a-92d44a340c64" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity_33a91977-0941-4c4a-8f7e-0dc8c970e88c" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1b57975e-c384-4462-9aff-f844f5c045a3" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_33a91977-0941-4c4a-8f7e-0dc8c970e88c" xlink:to="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_1b57975e-c384-4462-9aff-f844f5c045a3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies_b595dd43-fb53-4f12-9ef7-2b3cbb05e738" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommitmentsAndContingencies"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_33a91977-0941-4c4a-8f7e-0dc8c970e88c" xlink:to="loc_us-gaap_CommitmentsAndContingencies_b595dd43-fb53-4f12-9ef7-2b3cbb05e738" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_c5b660f0-800e-4a6f-a4b4-135f3e5a46c7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Liabilities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquity_33a91977-0941-4c4a-8f7e-0dc8c970e88c" xlink:to="loc_us-gaap_Liabilities_c5b660f0-800e-4a6f-a4b4-135f3e5a46c7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Assets"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsCurrent_1066c640-998a-422d-aabf-363b1d6ddd6f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_AssetsCurrent_1066c640-998a-422d-aabf-363b1d6ddd6f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_7598fb8a-f336-4b69-9a2f-b683572b0b62" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentNet"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentNet_7598fb8a-f336-4b69-9a2f-b683572b0b62" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Goodwill_e6db58f7-8dab-49eb-99d7-58481c26f2b8" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Goodwill"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_Goodwill_e6db58f7-8dab-49eb-99d7-58481c26f2b8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_35c1e008-ae7b-4f48-aab7-95bc1eafa7ef" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_35c1e008-ae7b-4f48-aab7-95bc1eafa7ef" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepositsAssetsNoncurrent_f26ff5ab-e419-474b-8c50-1bbb4a468c26" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DepositsAssetsNoncurrent"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_DepositsAssetsNoncurrent_f26ff5ab-e419-474b-8c50-1bbb4a468c26" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_deb750f1-6018-4d1e-85b8-781d1b7715aa" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsNoncurrent"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Assets_e8481f7b-4143-4945-a1f4-4708d363029c" xlink:to="loc_us-gaap_OtherAssetsNoncurrent_deb750f1-6018-4d1e-85b8-781d1b7715aa" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_0cd83f4a-506d-45aa-b6c3-d7356beac5d8" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquity_051fc073-4f81-412c-bb5e-43a879278d59" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_StockholdersEquity"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_0cd83f4a-506d-45aa-b6c3-d7356beac5d8" xlink:to="loc_us-gaap_StockholdersEquity_051fc073-4f81-412c-bb5e-43a879278d59" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterest_153a0322-93fc-45fa-9660-b5871299e49f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_MinorityInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_0cd83f4a-506d-45aa-b6c3-d7356beac5d8" xlink:to="loc_us-gaap_MinorityInterest_153a0322-93fc-45fa-9660-b5871299e49f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities_c2969e64-8c45-4278-b733-da0239ad0e43" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Liabilities"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_WarrantLiability_f9cc7d57-bded-4134-a1ff-c3d902fa9fa2" xlink:href="bakkt-20230930.xsd#bakkt_WarrantLiability"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_c2969e64-8c45-4278-b733-da0239ad0e43" xlink:to="loc_bakkt_WarrantLiability_f9cc7d57-bded-4134-a1ff-c3d902fa9fa2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesCurrent_e2ff1dfe-6a3f-47e4-a81d-c33db7b1cb5a" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_c2969e64-8c45-4278-b733-da0239ad0e43" xlink:to="loc_us-gaap_LiabilitiesCurrent_e2ff1dfe-6a3f-47e4-a81d-c33db7b1cb5a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityNoncurrent_d9c8ca05-6b87-4ae5-9a6b-544248385ef6" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ContractWithCustomerLiabilityNoncurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_c2969e64-8c45-4278-b733-da0239ad0e43" xlink:to="loc_us-gaap_ContractWithCustomerLiabilityNoncurrent_d9c8ca05-6b87-4ae5-9a6b-544248385ef6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_2dfa44f4-7239-45da-af86-b5b66552b9ec" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherLiabilitiesNoncurrent"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_Liabilities_c2969e64-8c45-4278-b733-da0239ad0e43" xlink:to="loc_us-gaap_OtherLiabilitiesNoncurrent_2dfa44f4-7239-45da-af86-b5b66552b9ec" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_f07a41da-0f9b-4c02-b939-ba43d79bbf06" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:to="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_f07a41da-0f9b-4c02-b939-ba43d79bbf06" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_CustomerFundsPayableCurrent_ab133ddf-32be-4c6a-a61c-21e6c37d5c83" xlink:href="bakkt-20230930.xsd#bakkt_CustomerFundsPayableCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:to="loc_bakkt_CustomerFundsPayableCurrent_ab133ddf-32be-4c6a-a61c-21e6c37d5c83" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ContractWithCustomerLiabilityCurrent_49f8f047-9a0b-4292-9d88-0e2552a62850" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ContractWithCustomerLiabilityCurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:to="loc_us-gaap_ContractWithCustomerLiabilityCurrent_49f8f047-9a0b-4292-9d88-0e2552a62850" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesCurrent_116ce7b1-ef9c-4556-a62e-e1fe595c9fa0" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherLiabilitiesCurrent"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:to="loc_us-gaap_OtherLiabilitiesCurrent_116ce7b1-ef9c-4556-a62e-e1fe595c9fa0" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SafeguardingLiabilityPlatformOperatorCryptoAsset_edd6772a-e823-4f2f-8e50-1729f666d1ea" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SafeguardingLiabilityPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesCurrent_88f630bd-a548-43ff-be80-0edb12bb9e20" xlink:to="loc_srt_SafeguardingLiabilityPlatformOperatorCryptoAsset_edd6772a-e823-4f2f-8e50-1729f666d1ea" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent_215f2b7d-4bf1-45d6-b94a-433f2faa6fb1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent_215f2b7d-4bf1-45d6-b94a-433f2faa6fb1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SafeguardingAssetPlatformOperatorCryptoAsset_7a475074-91d9-4e03-9764-923ee42ef06f" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SafeguardingAssetPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_srt_SafeguardingAssetPlatformOperatorCryptoAsset_7a475074-91d9-4e03-9764-923ee42ef06f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsCurrent_3c1a92a4-fe7a-43d7-85c0-e4ef4a00ea30" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsCurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_OtherAssetsCurrent_3c1a92a4-fe7a-43d7-85c0-e4ef4a00ea30" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7ce9bc37-66b9-45fa-8f17-2095f34469ce" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_7ce9bc37-66b9-45fa-8f17-2095f34469ce" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FundsHeldForClients_10c40784-25db-4704-af31-6c5f7ff25faf" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FundsHeldForClients"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_FundsHeldForClients_10c40784-25db-4704-af31-6c5f7ff25faf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidInsurance_41d30fa6-fdf5-404f-9ab6-29ab1b46ee33" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PrepaidInsurance"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_PrepaidInsurance_41d30fa6-fdf5-404f-9ab6-29ab1b46ee33" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_a4e3a108-4589-4b91-836e-400d0b58b6c4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableNetCurrent"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_AccountsReceivableNetCurrent_a4e3a108-4589-4b91-836e-400d0b58b6c4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashCurrent_ec38c718-84e3-4f44-9259-0cb185b57c44" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashCurrent"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsCurrent_8b694e59-2cca-4d02-b359-8ad4df613a83" xlink:to="loc_us-gaap_RestrictedCashCurrent_ec38c718-84e3-4f44-9259-0cb185b57c44" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedStatementsofOperations" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedStatementsofOperations"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedStatementsofOperations" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_42348a8e-9500-4335-944b-a2ab673db624" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_df6e2340-5ae3-4b2b-a33c-8ff1c160eb64" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_42348a8e-9500-4335-944b-a2ab673db624" xlink:to="loc_us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax_df6e2340-5ae3-4b2b-a33c-8ff1c160eb64" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_0742737a-2d3d-4f99-8554-ccfc7dbbc6f7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingExpenses"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingIncomeLoss_42348a8e-9500-4335-944b-a2ab673db624" xlink:to="loc_us-gaap_OperatingExpenses_0742737a-2d3d-4f99-8554-ccfc7dbbc6f7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingExpenses"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommunicationsAndInformationTechnology_179e5ff7-4fb4-42ef-a57b-76dc54ee8d40" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CommunicationsAndInformationTechnology"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_CommunicationsAndInformationTechnology_179e5ff7-4fb4-42ef-a57b-76dc54ee8d40" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherSellingGeneralAndAdministrativeExpense_5cc5b92f-ed7e-432c-923a-1c12d925e4bc" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherSellingGeneralAndAdministrativeExpense"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_OtherSellingGeneralAndAdministrativeExpense_5cc5b92f-ed7e-432c-923a-1c12d925e4bc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ExecutionClearingAndBrokerageFees_aa6d244b-83c3-4e12-82f9-defb8bcdc389" xlink:href="bakkt-20230930.xsd#bakkt_ExecutionClearingAndBrokerageFees"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_bakkt_ExecutionClearingAndBrokerageFees_aa6d244b-83c3-4e12-82f9-defb8bcdc389" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_CryptoCosts_b4ff062f-b86f-4dfd-a98d-e0eefbd310d3" xlink:href="bakkt-20230930.xsd#bakkt_CryptoCosts"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_bakkt_CryptoCosts_b4ff062f-b86f-4dfd-a98d-e0eefbd310d3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_31e288dd-dfec-4afa-a1c0-a5f1c51de5f8" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ImpairmentOfLongLivedAssetsHeldForUse"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_31e288dd-dfec-4afa-a1c0-a5f1c51de5f8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestructuringCharges_f848e1e0-e616-43ee-aa5a-258ba55f5e21" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestructuringCharges"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_RestructuringCharges_f848e1e0-e616-43ee-aa5a-258ba55f5e21" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CostsAndExpensesRelatedParty_fcc9acd3-fb78-4f1f-b5eb-172433cca204" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CostsAndExpensesRelatedParty"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_CostsAndExpensesRelatedParty_fcc9acd3-fb78-4f1f-b5eb-172433cca204" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetImpairment_f148113f-ed1f-4250-9a8d-8755ab1d249f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GoodwillAndIntangibleAssetImpairment"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_GoodwillAndIntangibleAssetImpairment_f148113f-ed1f-4250-9a8d-8755ab1d249f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAndAmortization_44aecb9d-aa37-47f9-8ab3-f19d9416ca4d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DepreciationAndAmortization"/>
    <link:calculationArc order="9" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_DepreciationAndAmortization_44aecb9d-aa37-47f9-8ab3-f19d9416ca4d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfessionalFees_ae12a460-de10-4ecf-bec4-973f1fb47514" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfessionalFees"/>
    <link:calculationArc order="10" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_ProfessionalFees_ae12a460-de10-4ecf-bec4-973f1fb47514" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ef9338e6-521f-4fa0-8b71-c973315aea79" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationAcquisitionRelatedCosts"/>
    <link:calculationArc order="11" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_BusinessCombinationAcquisitionRelatedCosts_ef9338e6-521f-4fa0-8b71-c973315aea79" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LaborAndRelatedExpense_49c96aa5-85e0-46f2-8cc5-d4226b2899fe" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LaborAndRelatedExpense"/>
    <link:calculationArc order="12" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_LaborAndRelatedExpense_49c96aa5-85e0-46f2-8cc5-d4226b2899fe" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating_5a882b61-366d-42e8-bc03-2c36cd41b7e4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherCostAndExpenseOperating"/>
    <link:calculationArc order="13" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OperatingExpenses_5ac90d51-c2c3-4c7f-84bf-de93263e10b5" xlink:to="loc_us-gaap_OtherCostAndExpenseOperating_5a882b61-366d-42e8-bc03-2c36cd41b7e4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_fc4d139c-13eb-4e58-81cb-6a063cf7436e" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNonoperatingIncomeExpense_76c9133d-237f-4958-8aad-749194e218d4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherNonoperatingIncomeExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_fc4d139c-13eb-4e58-81cb-6a063cf7436e" xlink:to="loc_us-gaap_OtherNonoperatingIncomeExpense_76c9133d-237f-4958-8aad-749194e218d4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeExpenseNet_fa61d4af-7922-4e69-aa5c-7390931bdc8f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_InterestIncomeExpenseNet"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_fc4d139c-13eb-4e58-81cb-6a063cf7436e" xlink:to="loc_us-gaap_InterestIncomeExpenseNet_fa61d4af-7922-4e69-aa5c-7390931bdc8f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAdjustmentOfWarrants_5d70a448-351f-4177-aa5e-c9e6a68ebee2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueAdjustmentOfWarrants"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_fc4d139c-13eb-4e58-81cb-6a063cf7436e" xlink:to="loc_us-gaap_FairValueAdjustmentOfWarrants_5d70a448-351f-4177-aa5e-c9e6a68ebee2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingIncomeLoss_977ba063-57ae-4d73-9e27-ebee46011911" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingIncomeLoss"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_fc4d139c-13eb-4e58-81cb-6a063cf7436e" xlink:to="loc_us-gaap_OperatingIncomeLoss_977ba063-57ae-4d73-9e27-ebee46011911" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_3bc99466-e3d4-4317-8125-5df82f190d5e" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_9dedbf58-6c32-4571-b12d-ed88e887e59d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_3bc99466-e3d4-4317-8125-5df82f190d5e" xlink:to="loc_us-gaap_ProfitLoss_9dedbf58-6c32-4571-b12d-ed88e887e59d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6e48d17c-38a3-4ed2-a54b-dcbda88c1616" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLossAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLoss_3bc99466-e3d4-4317-8125-5df82f190d5e" xlink:to="loc_us-gaap_NetIncomeLossAttributableToNoncontrollingInterest_6e48d17c-38a3-4ed2-a54b-dcbda88c1616" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_b603fbce-1169-4756-9efc-2adb8ff7048e" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfitLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_052a843c-2412-4598-b54c-deeea2a23512" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_b603fbce-1169-4756-9efc-2adb8ff7048e" xlink:to="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_052a843c-2412-4598-b54c-deeea2a23512" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeTaxExpenseBenefit_8fbe2abd-3971-4572-9f73-1f4b1494c620" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncomeTaxExpenseBenefit"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ProfitLoss_b603fbce-1169-4756-9efc-2adb8ff7048e" xlink:to="loc_us-gaap_IncomeTaxExpenseBenefit_8fbe2abd-3971-4572-9f73-1f4b1494c620" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedStatementsofComprehensiveLoss" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedStatementsofComprehensiveLoss"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedStatementsofComprehensiveLoss" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_cbf4349f-9a43-4f78-9c24-fc61aa51c634" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_d2205f9d-67fd-4f55-abb9-d19a193ea18d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_cbf4349f-9a43-4f78-9c24-fc61aa51c634" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax_d2205f9d-67fd-4f55-abb9-d19a193ea18d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_da6aeab9-2e63-449b-a830-b733496a54c7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_cbf4349f-9a43-4f78-9c24-fc61aa51c634" xlink:to="loc_us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax_da6aeab9-2e63-449b-a830-b733496a54c7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_47b32ad8-a486-430c-bb86-eaa1afa7f99e" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_cbf4349f-9a43-4f78-9c24-fc61aa51c634" xlink:to="loc_us-gaap_ProfitLoss_47b32ad8-a486-430c-bb86-eaa1afa7f99e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTax_05481cb8-56b8-4c81-afc2-bd2fe94bf8fc" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomeNetOfTax"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_58079f5b-0f27-4abb-84d3-2ef5f1eb6cc1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_05481cb8-56b8-4c81-afc2-bd2fe94bf8fc" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest_58079f5b-0f27-4abb-84d3-2ef5f1eb6cc1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8bc6275a-581f-4022-8887-2f2ed3c247b2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTax_05481cb8-56b8-4c81-afc2-bd2fe94bf8fc" xlink:to="loc_us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest_8bc6275a-581f-4022-8887-2f2ed3c247b2" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedStatementsofCashFlows" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedStatementsofCashFlows"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedStatementsofCashFlows" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOperatingLeaseLiability_d1e30bf9-0ccd-433d-9a80-9953dd0d8fa2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInOperatingLeaseLiability"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInOperatingLeaseLiability_d1e30bf9-0ccd-433d-9a80-9953dd0d8fa2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_dc0c254c-54d3-439b-be46-15038f177f65" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet_dc0c254c-54d3-439b-be46-15038f177f65" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInDepositOtherAssets_b7a78eca-5530-4940-9cfb-4f9c43de2eb1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInDepositOtherAssets"/>
    <link:calculationArc order="3" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInDepositOtherAssets_b7a78eca-5530-4940-9cfb-4f9c43de2eb1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss_1f44ff8f-f0a6-4b4d-b8f6-2ef60a17d8b6" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProfitLoss"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_ProfitLoss_1f44ff8f-f0a6-4b4d-b8f6-2ef60a17d8b6" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNoncashIncomeExpense_984234aa-922f-4c0e-a4e0-05eebf0f7256" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherNoncashIncomeExpense"/>
    <link:calculationArc order="5" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_OtherNoncashIncomeExpense_984234aa-922f-4c0e-a4e0-05eebf0f7256" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_ab5c5f8f-1d43-4ae5-8e81-26fe005990a5" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsReceivable"/>
    <link:calculationArc order="6" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsReceivable_ab5c5f8f-1d43-4ae5-8e81-26fe005990a5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueAdjustmentOfWarrants_48dde962-44aa-4a82-9345-0d2040c78170" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FairValueAdjustmentOfWarrants"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_FairValueAdjustmentOfWarrants_48dde962-44aa-4a82-9345-0d2040c78170" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_2da07c4c-bb54-41a5-abaa-c8a025dfac58" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInContractWithCustomerLiability"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInContractWithCustomerLiability_2da07c4c-bb54-41a5-abaa-c8a025dfac58" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainLossOnSaleOfOtherAssets_cfb4b8a2-a39b-4538-9f07-69c41776a980" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GainLossOnSaleOfOtherAssets"/>
    <link:calculationArc order="9" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_GainLossOnSaleOfOtherAssets_cfb4b8a2-a39b-4538-9f07-69c41776a980" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShareBasedCompensation_91a21ad0-cb92-4ec4-92b7-8fefc6242954" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ShareBasedCompensation"/>
    <link:calculationArc order="10" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_ShareBasedCompensation_91a21ad0-cb92-4ec4-92b7-8fefc6242954" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_IncreaseDecreaseInCustomerFundsPayable_3f774e3e-b631-4e58-a1c7-9e625a29d3bf" xlink:href="bakkt-20230930.xsd#bakkt_IncreaseDecreaseInCustomerFundsPayable"/>
    <link:calculationArc order="11" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_bakkt_IncreaseDecreaseInCustomerFundsPayable_3f774e3e-b631-4e58-a1c7-9e625a29d3bf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_387f08ae-897c-4fa3-a104-dd898d905b36" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities"/>
    <link:calculationArc order="12" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities_387f08ae-897c-4fa3-a104-dd898d905b36" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInDueToRelatedParties_e10650f3-0f6a-4291-9dcc-64fddb8f5db5" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInDueToRelatedParties"/>
    <link:calculationArc order="13" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInDueToRelatedParties_e10650f3-0f6a-4291-9dcc-64fddb8f5db5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense_cd0e1716-204d-49a0-b865-a97dc14ab4d8" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense"/>
    <link:calculationArc order="14" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAssetAmortizationExpense_cd0e1716-204d-49a0-b865-a97dc14ab4d8" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationDepletionAndAmortization_c487e149-7073-4d3b-89b7-97092dd86cf7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DepreciationDepletionAndAmortization"/>
    <link:calculationArc order="15" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_DepreciationDepletionAndAmortization_c487e149-7073-4d3b-89b7-97092dd86cf7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ForfeitureAndCancellationOfCommonUnits_c09a115b-b6b8-473e-b2ef-6f242836ab8a" xlink:href="bakkt-20230930.xsd#bakkt_ForfeitureAndCancellationOfCommonUnits"/>
    <link:calculationArc order="16" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_bakkt_ForfeitureAndCancellationOfCommonUnits_c09a115b-b6b8-473e-b2ef-6f242836ab8a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_e97e8109-1698-499e-8323-e113b39d1171" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredIncomeTaxesAndTaxCredits"/>
    <link:calculationArc order="17" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_DeferredIncomeTaxesAndTaxCredits_e97e8109-1698-499e-8323-e113b39d1171" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpense_0312e8a7-6a81-4a9b-a6da-bb116d40c39b" xlink:href="bakkt-20230930.xsd#bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpense"/>
    <link:calculationArc order="18" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpense_0312e8a7-6a81-4a9b-a6da-bb116d40c39b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInPrepaidExpense_24eea11b-ff14-48d9-b97c-ebf4346dfc61" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IncreaseDecreaseInPrepaidExpense"/>
    <link:calculationArc order="19" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_IncreaseDecreaseInPrepaidExpense_24eea11b-ff14-48d9-b97c-ebf4346dfc61" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_7fb3537c-6a11-4f52-af9e-1bd389804619" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ImpairmentOfLongLivedAssetsHeldForUse"/>
    <link:calculationArc order="20" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_ImpairmentOfLongLivedAssetsHeldForUse_7fb3537c-6a11-4f52-af9e-1bd389804619" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GoodwillAndIntangibleAssetImpairment_259c3f59-1a59-494e-bf1e-ee395c47f122" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_GoodwillAndIntangibleAssetImpairment"/>
    <link:calculationArc order="21" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_e897bab0-4c61-4b88-a784-dd0fbef4dd26" xlink:to="loc_us-gaap_GoodwillAndIntangibleAssetImpairment_259c3f59-1a59-494e-bf1e-ee395c47f122" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_138d9b7c-2484-4934-9421-50a0b33af287" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_CustomerFundsCurrent_fc100adc-9d90-4f8d-9dcb-be5282d8bf53" xlink:href="bakkt-20230930.xsd#bakkt_CustomerFundsCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_138d9b7c-2484-4934-9421-50a0b33af287" xlink:to="loc_bakkt_CustomerFundsCurrent_fc100adc-9d90-4f8d-9dcb-be5282d8bf53" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RestrictedCashCurrent_fac27cd5-0fe6-434d-bab1-69e624e4eeaf" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_RestrictedCashCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_138d9b7c-2484-4934-9421-50a0b33af287" xlink:to="loc_us-gaap_RestrictedCashCurrent_fac27cd5-0fe6-434d-bab1-69e624e4eeaf" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_289e5456-5af0-40ba-90f2-4f0ecfc6384f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashAndCashEquivalentsAtCarryingValue"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_138d9b7c-2484-4934-9421-50a0b33af287" xlink:to="loc_us-gaap_CashAndCashEquivalentsAtCarryingValue_289e5456-5af0-40ba-90f2-4f0ecfc6384f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_681f04ae-7cc3-4aeb-bd8c-4c6641ed271b" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_75c9bd5f-184e-4d15-906d-a40ed15537fa" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivities"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_681f04ae-7cc3-4aeb-bd8c-4c6641ed271b" xlink:to="loc_us-gaap_NetCashProvidedByUsedInOperatingActivities_75c9bd5f-184e-4d15-906d-a40ed15537fa" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_772ea540-f139-47f9-910c-6e8f21f6197b" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_681f04ae-7cc3-4aeb-bd8c-4c6641ed271b" xlink:to="loc_us-gaap_EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_772ea540-f139-47f9-910c-6e8f21f6197b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_871443ac-f2fc-4509-b83e-0fed6fc490c2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_681f04ae-7cc3-4aeb-bd8c-4c6641ed271b" xlink:to="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_871443ac-f2fc-4509-b83e-0fed6fc490c2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_bbbd1ea0-ea3b-4842-ac25-7f01e9898304" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect_681f04ae-7cc3-4aeb-bd8c-4c6641ed271b" xlink:to="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_bbbd1ea0-ea3b-4842-ac25-7f01e9898304" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_a0e0e359-bc7e-454f-a492-7bcc904624d6" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromWarrantExercises_ad416899-1638-44d8-bbef-4aaec9ad1df7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromWarrantExercises"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_a0e0e359-bc7e-454f-a492-7bcc904624d6" xlink:to="loc_us-gaap_ProceedsFromWarrantExercises_ad416899-1638-44d8-bbef-4aaec9ad1df7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_c0c5e73d-fa3a-4031-8b3b-f3438fd21a2f" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities_a0e0e359-bc7e-454f-a492-7bcc904624d6" xlink:to="loc_us-gaap_PaymentsForRepurchaseOfCommonStock_c0c5e73d-fa3a-4031-8b3b-f3438fd21a2f" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_705e02c0-18bb-4e2a-8762-33349620714c" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_cea4af4e-d271-46c3-bae8-a553e4e5b8f7" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_705e02c0-18bb-4e2a-8762-33349620714c" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired_cea4af4e-d271-46c3-bae8-a553e4e5b8f7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_81573e47-6564-41cc-880d-c92e5d44f194" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_705e02c0-18bb-4e2a-8762-33349620714c" xlink:to="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_81573e47-6564-41cc-880d-c92e5d44f194" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_613b308b-48f6-4ba6-b610-376f20a7a1b4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_705e02c0-18bb-4e2a-8762-33349620714c" xlink:to="loc_us-gaap_ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities_613b308b-48f6-4ba6-b610-376f20a7a1b4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireProductiveAssets_1f07c249-df3f-429a-930a-bd250eb949a4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireProductiveAssets"/>
    <link:calculationArc order="4" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities_705e02c0-18bb-4e2a-8762-33349620714c" xlink:to="loc_us-gaap_PaymentsToAcquireProductiveAssets_1f07c249-df3f-429a-930a-bd250eb949a4" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/BusinessCombinationandAssetAcquisitionScheduleofAssetsandLiabilitiesAcquiredDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#BusinessCombinationandAssetAcquisitionScheduleofAssetsandLiabilitiesAcquiredDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/BusinessCombinationandAssetAcquisitionScheduleofAssetsandLiabilitiesAcquiredDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities_08d6bfdc-8435-41e5-9f13-2cf89a0ca4ff" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities"/>
    <link:calculationArc order="1" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities_08d6bfdc-8435-41e5-9f13-2cf89a0ca4ff" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets_ad7c07da-5908-4d8d-8f1a-a3d2b4c16dbe" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentAssets_ad7c07da-5908-4d8d-8f1a-a3d2b4c16dbe" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_984b62b9-123c-40fb-b75b-1f136cace79c" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_984b62b9-123c-40fb-b75b-1f136cace79c" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Goodwill_77b31ed0-3286-4901-abfd-413395cdc3d4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_Goodwill"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_Goodwill_77b31ed0-3286-4901-abfd-413395cdc3d4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets_f5a27ae6-00ff-436a-a782-0737ff3f6073" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets_f5a27ae6-00ff-436a-a782-0737ff3f6073" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingAssetPlatformOperatorCryptoAsset_080fdea1-ed98-46ab-8676-9bb540e7755e" xlink:href="bakkt-20230930.xsd#bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingAssetPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingAssetPlatformOperatorCryptoAsset_080fdea1-ed98-46ab-8676-9bb540e7755e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingLiabilityPlatformOperatorCryptoAsset_abfd725f-2199-425b-8c85-06537c8f48bd" xlink:href="bakkt-20230930.xsd#bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingLiabilityPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="7" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_bakkt_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedSafeguardingLiabilityPlatformOperatorCryptoAsset_abfd725f-2199-425b-8c85-06537c8f48bd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_b964c5a1-520d-4089-88b9-c8972e4a1fdd" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles"/>
    <link:calculationArc order="8" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet_05333314-8c08-472f-bea4-d65b00416340" xlink:to="loc_us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles_b964c5a1-520d-4089-88b9-c8972e4a1fdd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6825e5a6-ecf7-477e-a553-7a3a25f08380" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationConsiderationTransferred1"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_PaymentsToAcquireBusinessesGrossWorkingCapital_544055bf-7e8a-4acc-ba10-f8543f67f11a" xlink:href="bakkt-20230930.xsd#bakkt_PaymentsToAcquireBusinessesGrossWorkingCapital"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6825e5a6-ecf7-477e-a553-7a3a25f08380" xlink:to="loc_bakkt_PaymentsToAcquireBusinessesGrossWorkingCapital_544055bf-7e8a-4acc-ba10-f8543f67f11a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_22845dfe-f5f0-4f65-9261-85f26503ac88" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6825e5a6-ecf7-477e-a553-7a3a25f08380" xlink:to="loc_us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable_22845dfe-f5f0-4f65-9261-85f26503ac88" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_BusinessCombinationContingentConsiderationEquityInterestsIssuedAndIssuable_e820e3bf-29b8-440e-acb2-1392c7b025e3" xlink:href="bakkt-20230930.xsd#bakkt_BusinessCombinationContingentConsiderationEquityInterestsIssuedAndIssuable"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6825e5a6-ecf7-477e-a553-7a3a25f08380" xlink:to="loc_bakkt_BusinessCombinationContingentConsiderationEquityInterestsIssuedAndIssuable_e820e3bf-29b8-440e-acb2-1392c7b025e3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireBusinessesGross_f3665431-4958-494e-91c8-719b96f40ac8" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PaymentsToAcquireBusinessesGross"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_BusinessCombinationConsiderationTransferred1_6825e5a6-ecf7-477e-a553-7a3a25f08380" xlink:to="loc_us-gaap_PaymentsToAcquireBusinessesGross_f3665431-4958-494e-91c8-719b96f40ac8" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/GoodwillandIntangibleAssetsNetScheduleofIntangibleAssetsDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#GoodwillandIntangibleAssetsNetScheduleofIntangibleAssetsDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/GoodwillandIntangibleAssetsNetScheduleofIntangibleAssetsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill_70fba81d-e1d4-47a7-b884-e9fd50fd0fd2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_287b58cc-99f5-40b2-be2a-0a3a7f5444d3" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill_70fba81d-e1d4-47a7-b884-e9fd50fd0fd2" xlink:to="loc_us-gaap_ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill_287b58cc-99f5-40b2-be2a-0a3a7f5444d3" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_2e514e1c-0693-4bca-8c99-2a4ae9a3d9f2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ImpairmentOfIntangibleAssetsFinitelived"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_ImpairmentOfIntangibleAssetsExcludingGoodwill_70fba81d-e1d4-47a7-b884-e9fd50fd0fd2" xlink:to="loc_us-gaap_ImpairmentOfIntangibleAssetsFinitelived_2e514e1c-0693-4bca-8c99-2a4ae9a3d9f2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_3c8a5722-1356-4a8c-b2d8-38216a9e5183" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IntangibleAssetsNetExcludingGoodwill"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_8b766568-ee26-4b0e-be01-4235336064ed" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_3c8a5722-1356-4a8c-b2d8-38216a9e5183" xlink:to="loc_us-gaap_IndefiniteLivedIntangibleAssetsExcludingGoodwill_8b766568-ee26-4b0e-be01-4235336064ed" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_b0b62611-3b34-4859-ab17-4e5430b8c903" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsNet"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsNetExcludingGoodwill_3c8a5722-1356-4a8c-b2d8-38216a9e5183" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsNet_b0b62611-3b34-4859-ab17-4e5430b8c903" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_9dae8550-060d-42a0-ab46-01329d15226a" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_IntangibleAssetsGrossExcludingGoodwill"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsGross_0e4f1215-feec-4e71-aee2-850e9479c5db" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsGross"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_9dae8550-060d-42a0-ab46-01329d15226a" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsGross_0e4f1215-feec-4e71-aee2-850e9479c5db" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_IndefiniteLivedIntangibleAssetsExcludingGoodwillGross_e534f292-af5b-404e-96e5-65310cd70261" xlink:href="bakkt-20230930.xsd#bakkt_IndefiniteLivedIntangibleAssetsExcludingGoodwillGross"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_IntangibleAssetsGrossExcludingGoodwill_9dae8550-060d-42a0-ab46-01329d15226a" xlink:to="loc_bakkt_IndefiniteLivedIntangibleAssetsExcludingGoodwillGross_e534f292-af5b-404e-96e5-65310cd70261" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/GoodwillandIntangibleAssetsNetScheduleofFutureAmortizationDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#GoodwillandIntangibleAssetsNetScheduleofFutureAmortizationDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/GoodwillandIntangibleAssetsNetScheduleofFutureAmortizationDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_e4260526-5faa-485f-ba61-95ad42c97f82" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear_e4260526-5faa-485f-ba61-95ad42c97f82" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_c132d963-12bb-49c8-9ae3-42f51a2fbede" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearFour_c132d963-12bb-49c8-9ae3-42f51a2fbede" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_a6c4f04a-170e-48b6-a607-c2ff2a27c768" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths_a6c4f04a-170e-48b6-a607-c2ff2a27c768" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_3b6fdbd2-a987-4bae-ae2d-de09156aea48" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearThree_3b6fdbd2-a987-4bae-ae2d-de09156aea48" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_02c98a88-0f04-4292-a9f8-ff7111cbb3dc" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo_02c98a88-0f04-4292-a9f8-ff7111cbb3dc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour_b6e53f42-736f-4d43-8aec-cb4f247e8c81" xlink:href="bakkt-20230930.xsd#bakkt_FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_FiniteLivedIntangibleAssetsNet_fc263163-0db9-492b-abd6-843cbfa2af72" xlink:to="loc_bakkt_FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour_b6e53f42-736f-4d43-8aec-cb4f247e8c81" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsAccountsReceivableNetDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsAccountsReceivableNetDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsAccountsReceivableNetDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsReceivableNetCurrent_dc497791-56e2-4fc5-8e31-de4cd1f58968" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableNetCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsReceivableGrossCurrent_3aca4d08-0bde-42aa-851e-0fa1a65c3c56" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsReceivableGrossCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsReceivableNetCurrent_dc497791-56e2-4fc5-8e31-de4cd1f58968" xlink:to="loc_us-gaap_AccountsReceivableGrossCurrent_3aca4d08-0bde-42aa-851e-0fa1a65c3c56" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_989ec0c1-f513-4054-9db1-433cbc0fd0a2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsReceivableNetCurrent_dc497791-56e2-4fc5-8e31-de4cd1f58968" xlink:to="loc_us-gaap_AllowanceForDoubtfulAccountsReceivableCurrent_989ec0c1-f513-4054-9db1-433cbc0fd0a2" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherCurrentAssetsDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsOtherCurrentAssetsDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherCurrentAssetsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsCurrent_0f33974a-5af2-4ae3-89c0-cec23672d315" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PrepaidExpenseCurrent_09cdcfaf-208f-4592-9b7b-eb02432d11dc" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PrepaidExpenseCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherAssetsCurrent_0f33974a-5af2-4ae3-89c0-cec23672d315" xlink:to="loc_us-gaap_PrepaidExpenseCurrent_09cdcfaf-208f-4592-9b7b-eb02432d11dc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsMiscellaneousCurrent_ace70a04-dc56-4560-a32f-f46f6f62878d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsMiscellaneousCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherAssetsCurrent_0f33974a-5af2-4ae3-89c0-cec23672d315" xlink:to="loc_us-gaap_OtherAssetsMiscellaneousCurrent_ace70a04-dc56-4560-a32f-f46f6f62878d" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsPropertyEquipmentandSoftwareNetDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsPropertyEquipmentandSoftwareNetDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsPropertyEquipmentandSoftwareNetDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentNet_ad42d553-b87d-45b2-8cf5-98087f492337" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentNet"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PropertyPlantAndEquipmentGross_b4a612d9-4366-47f7-b602-5c425e840f83" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PropertyPlantAndEquipmentGross"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_ad42d553-b87d-45b2-8cf5-98087f492337" xlink:to="loc_us-gaap_PropertyPlantAndEquipmentGross_b4a612d9-4366-47f7-b602-5c425e840f83" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_f6db9688-176e-4224-9545-73ba008223a1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PropertyPlantAndEquipmentNet_ad42d553-b87d-45b2-8cf5-98087f492337" xlink:to="loc_us-gaap_AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment_f6db9688-176e-4224-9545-73ba008223a1" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherAssetsDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsOtherAssetsDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherAssetsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsNoncurrent_d2a0149a-87ae-478d-b1b0-57ed738fb613" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsNoncurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsMiscellaneousNoncurrent_5fe89fa5-45f8-4596-95cf-6aa9e88d4d87" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAssetsMiscellaneousNoncurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_d2a0149a-87ae-478d-b1b0-57ed738fb613" xlink:to="loc_us-gaap_OtherAssetsMiscellaneousNoncurrent_5fe89fa5-45f8-4596-95cf-6aa9e88d4d87" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseRightOfUseAsset_d8b71223-eee5-481d-8f32-79b4b90456a0" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseRightOfUseAsset"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherAssetsNoncurrent_d2a0149a-87ae-478d-b1b0-57ed738fb613" xlink:to="loc_us-gaap_OperatingLeaseRightOfUseAsset_d8b71223-eee5-481d-8f32-79b4b90456a0" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsAccountsPayableandAccruedLiabilitiesDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsAccountsPayableandAccruedLiabilitiesDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsAccountsPayableandAccruedLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_PurchasingCardPayableCurrent_09654658-e845-43ca-a3fc-16b0e7bf09bc" xlink:href="bakkt-20230930.xsd#bakkt_PurchasingCardPayableCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_bakkt_PurchasingCardPayableCurrent_09654658-e845-43ca-a3fc-16b0e7bf09bc" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccruedLiabilitiesCurrent_2a25e1c1-88bb-4c7e-9f6b-068bd86dbd1a" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccruedLiabilitiesCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_us-gaap_AccruedLiabilitiesCurrent_2a25e1c1-88bb-4c7e-9f6b-068bd86dbd1a" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ClientPayablesCurrent_2652ef15-b1ad-4b13-8bb2-bb5b82daaa21" xlink:href="bakkt-20230930.xsd#bakkt_ClientPayablesCurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_bakkt_ClientPayablesCurrent_2652ef15-b1ad-4b13-8bb2-bb5b82daaa21" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_LoyaltyRevenueShareLiabilityCurrent_89263619-0fb6-4d32-94da-3fa627636bcb" xlink:href="bakkt-20230930.xsd#bakkt_LoyaltyRevenueShareLiabilityCurrent"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_bakkt_LoyaltyRevenueShareLiabilityCurrent_89263619-0fb6-4d32-94da-3fa627636bcb" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsPayableCurrent_84a97e24-4b8c-4953-9094-fdb2726474df" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AccountsPayableCurrent"/>
    <link:calculationArc order="5" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_us-gaap_AccountsPayableCurrent_84a97e24-4b8c-4953-9094-fdb2726474df" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_a8eef623-e648-4dfb-addf-0c7054f5f2e2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_EmployeeRelatedLiabilitiesCurrent"/>
    <link:calculationArc order="6" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_us-gaap_EmployeeRelatedLiabilitiesCurrent_a8eef623-e648-4dfb-addf-0c7054f5f2e2" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAccruedLiabilitiesCurrent_61452bdf-97f0-42ff-aae9-bd764794842d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherAccruedLiabilitiesCurrent"/>
    <link:calculationArc order="7" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AccountsPayableAndAccruedLiabilitiesCurrent_355cffb1-3d54-4417-84af-2f53ab520104" xlink:to="loc_us-gaap_OtherAccruedLiabilitiesCurrent_61452bdf-97f0-42ff-aae9-bd764794842d" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherCurrentLiabilitiesDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsOtherCurrentLiabilitiesDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherCurrentLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesCurrent_809b8823-e0c8-478e-9b8b-271dbbd8361a" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherLiabilitiesCurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ParticipationUnitLiabilityCurrent_180e003b-69df-441c-81c3-8aa429e4d299" xlink:href="bakkt-20230930.xsd#bakkt_ParticipationUnitLiabilityCurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherLiabilitiesCurrent_809b8823-e0c8-478e-9b8b-271dbbd8361a" xlink:to="loc_bakkt_ParticipationUnitLiabilityCurrent_180e003b-69df-441c-81c3-8aa429e4d299" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiabilityCurrent_d30b2aa2-bc70-4a0c-abb8-7e52e37ab1dd" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseLiabilityCurrent"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherLiabilitiesCurrent_809b8823-e0c8-478e-9b8b-271dbbd8361a" xlink:to="loc_us-gaap_OperatingLeaseLiabilityCurrent_d30b2aa2-bc70-4a0c-abb8-7e52e37ab1dd" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherSundryLiabilitiesCurrent_6ed0d364-785e-44ab-9371-de755dc7f9b9" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherSundryLiabilitiesCurrent"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherLiabilitiesCurrent_809b8823-e0c8-478e-9b8b-271dbbd8361a" xlink:to="loc_us-gaap_OtherSundryLiabilitiesCurrent_6ed0d364-785e-44ab-9371-de755dc7f9b9" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherNoncurrentLiabilitiesDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ConsolidatedBalanceSheetComponentsOtherNoncurrentLiabilitiesDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ConsolidatedBalanceSheetComponentsOtherNoncurrentLiabilitiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesNoncurrent_938eb399-2d58-46dd-bd3e-8a242a1d5370" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OtherLiabilitiesNoncurrent"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OperatingLeaseLiabilityNoncurrent_206dc4c9-587c-43e4-a184-5eb6544d226d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_OperatingLeaseLiabilityNoncurrent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherLiabilitiesNoncurrent_938eb399-2d58-46dd-bd3e-8a242a1d5370" xlink:to="loc_us-gaap_OperatingLeaseLiabilityNoncurrent_206dc4c9-587c-43e4-a184-5eb6544d226d" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_BusinessCombinationContingentConsiderationNoncurrentLiability_b6f9f9d6-c7ca-4f11-ae1a-a1513109ce04" xlink:href="bakkt-20230930.xsd#bakkt_BusinessCombinationContingentConsiderationNoncurrentLiability"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_OtherLiabilitiesNoncurrent_938eb399-2d58-46dd-bd3e-8a242a1d5370" xlink:to="loc_bakkt_BusinessCombinationContingentConsiderationNoncurrentLiability_b6f9f9d6-c7ca-4f11-ae1a-a1513109ce04" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/StockholdersEquityNoncontrollingOwnershipInterestDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#StockholdersEquityNoncontrollingOwnershipInterestDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/StockholdersEquityNoncontrollingOwnershipInterestDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_NoncontrollingInterestOwnershipPercentage_a960cb7f-12e9-4b43-9b17-0b01ecaf8cd0" xlink:href="bakkt-20230930.xsd#bakkt_NoncontrollingInterestOwnershipPercentage"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_7d48254e-007c-40e8-a40b-06b9f0914943" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_MinorityInterestOwnershipPercentageByParent"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_bakkt_NoncontrollingInterestOwnershipPercentage_a960cb7f-12e9-4b43-9b17-0b01ecaf8cd0" xlink:to="loc_us-gaap_MinorityInterestOwnershipPercentageByParent_7d48254e-007c-40e8-a40b-06b9f0914943" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_c6cb639a-7e99-4e16-b504-223d7857b8fc" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_bakkt_NoncontrollingInterestOwnershipPercentage_a960cb7f-12e9-4b43-9b17-0b01ecaf8cd0" xlink:to="loc_us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners_c6cb639a-7e99-4e16-b504-223d7857b8fc" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/ShareBasedandUnitBasedCompensationCompensationExpenseDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#ShareBasedandUnitBasedCompensationCompensationExpenseDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/ShareBasedandUnitBasedCompensationCompensationExpenseDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpenseNetOfForfeitures_9cc7ee46-e5ee-4701-9d26-d85e9ffa2bdd" xlink:href="bakkt-20230930.xsd#bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpenseNetOfForfeitures"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AllocatedShareBasedCompensationExpense_1fea88f9-bf3a-457c-8738-db64226743ec" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AllocatedShareBasedCompensationExpense"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpenseNetOfForfeitures_9cc7ee46-e5ee-4701-9d26-d85e9ffa2bdd" xlink:to="loc_us-gaap_AllocatedShareBasedCompensationExpense_1fea88f9-bf3a-457c-8738-db64226743ec" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DeferredCompensationArrangementWithIndividualCompensationExpense_22fcdfb0-d014-4f47-bf79-db56c4a40eec" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DeferredCompensationArrangementWithIndividualCompensationExpense"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_bakkt_ShareBasedPaymentArrangementExpenseAndDeferredCompensationArrangementWithIndividualCompensationExpenseNetOfForfeitures_9cc7ee46-e5ee-4701-9d26-d85e9ffa2bdd" xlink:to="loc_us-gaap_DeferredCompensationArrangementWithIndividualCompensationExpense_22fcdfb0-d014-4f47-bf79-db56c4a40eec" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/NetLosspershareBasicandDilutedPerShareComputationsDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#NetLosspershareBasicandDilutedPerShareComputationsDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/NetLosspershareBasicandDilutedPerShareComputationsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_8ea75d0c-4944-4c65-a3de-4c86aa3849c9" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLossAttributableToParentDiluted"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetIncomeLoss_ca34e19c-797a-4478-b080-b3fa015f52ae" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_NetIncomeLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_8ea75d0c-4944-4c65-a3de-4c86aa3849c9" xlink:to="loc_us-gaap_NetIncomeLoss_ca34e19c-797a-4478-b080-b3fa015f52ae" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_NetIncomeLossAndTaxEffectAttributableToNoncontrollingInterest_e77ed06e-47a5-43f6-bd39-0d1c84f50ab0" xlink:href="bakkt-20230930.xsd#bakkt_NetIncomeLossAndTaxEffectAttributableToNoncontrollingInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_NetIncomeLossAttributableToParentDiluted_8ea75d0c-4944-4c65-a3de-4c86aa3849c9" xlink:to="loc_bakkt_NetIncomeLossAndTaxEffectAttributableToNoncontrollingInterest_e77ed06e-47a5-43f6-bd39-0d1c84f50ab0" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/CommitmentandContingenciesFutureMinimumCommitmentsDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#CommitmentandContingenciesFutureMinimumCommitmentsDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/CommitmentandContingenciesFutureMinimumCommitmentsDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PurchaseObligation_d63bb6b9-ff52-40eb-9214-d0c98a978b90" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PurchaseObligation"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_bc808ac7-edf9-4145-9578-5b5b5c41a63e" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PurchaseObligation_d63bb6b9-ff52-40eb-9214-d0c98a978b90" xlink:to="loc_us-gaap_PurchaseObligationFutureMinimumPaymentsRemainderOfFiscalYear_bc808ac7-edf9-4145-9578-5b5b5c41a63e" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_PurchaseObligationToBePaidYearOneAndTwo_6f210bb2-634c-4d68-a8c2-7f8f10aeffd1" xlink:href="bakkt-20230930.xsd#bakkt_PurchaseObligationToBePaidYearOneAndTwo"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PurchaseObligation_d63bb6b9-ff52-40eb-9214-d0c98a978b90" xlink:to="loc_bakkt_PurchaseObligationToBePaidYearOneAndTwo_6f210bb2-634c-4d68-a8c2-7f8f10aeffd1" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_PurchaseObligationToBePaidYearThreeAndFour_c8d3ff6a-eb15-49fb-9616-7d94d08df17b" xlink:href="bakkt-20230930.xsd#bakkt_PurchaseObligationToBePaidYearThreeAndFour"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PurchaseObligation_d63bb6b9-ff52-40eb-9214-d0c98a978b90" xlink:to="loc_bakkt_PurchaseObligationToBePaidYearThreeAndFour_c8d3ff6a-eb15-49fb-9616-7d94d08df17b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_PurchaseObligationToBePaidAfterYearFour_3385539d-cfdf-4872-9075-ebc70fb199e6" xlink:href="bakkt-20230930.xsd#bakkt_PurchaseObligationToBePaidAfterYearFour"/>
    <link:calculationArc order="4" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_PurchaseObligation_d63bb6b9-ff52-40eb-9214-d0c98a978b90" xlink:to="loc_bakkt_PurchaseObligationToBePaidAfterYearFour_3385539d-cfdf-4872-9075-ebc70fb199e6" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/FairValueMeasurementsScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#FairValueMeasurementsScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/FairValueMeasurementsScheduleofFairValueAssetsandLiabilitiesMeasuredonRecurringBasisDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesFairValueDisclosure_e756e68d-4d3d-4621-8ae7-7f1e42e08747" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_LiabilitiesFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ContingentConsiderationClassifiedAsEquityFairValueDisclosure_753e91ae-58c3-4656-b867-a02772369919" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_ContingentConsiderationClassifiedAsEquityFairValueDisclosure"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_e756e68d-4d3d-4621-8ae7-7f1e42e08747" xlink:to="loc_us-gaap_ContingentConsiderationClassifiedAsEquityFairValueDisclosure_753e91ae-58c3-4656-b867-a02772369919" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SafeguardingLiabilityPlatformOperatorCryptoAsset_ee3bfdb9-0ef7-4fe9-9ba5-0d84d7935cf4" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SafeguardingLiabilityPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_e756e68d-4d3d-4621-8ae7-7f1e42e08747" xlink:to="loc_srt_SafeguardingLiabilityPlatformOperatorCryptoAsset_ee3bfdb9-0ef7-4fe9-9ba5-0d84d7935cf4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_bakkt_WarrantLiability_b2d0d4b9-9242-4ccd-a2ca-9a1f5f706c72" xlink:href="bakkt-20230930.xsd#bakkt_WarrantLiability"/>
    <link:calculationArc order="3" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_LiabilitiesFairValueDisclosure_e756e68d-4d3d-4621-8ae7-7f1e42e08747" xlink:to="loc_bakkt_WarrantLiability_b2d0d4b9-9242-4ccd-a2ca-9a1f5f706c72" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetsFairValueDisclosure_b1e93951-fefc-441b-a076-7eb888ea4aea" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AssetsFairValueDisclosure"/>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SafeguardingAssetPlatformOperatorCryptoAsset_4ef70510-f26a-4bd2-b96c-bd2dd36ea7a7" xlink:href="https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd#srt_SafeguardingAssetPlatformOperatorCryptoAsset"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_b1e93951-fefc-441b-a076-7eb888ea4aea" xlink:to="loc_srt_SafeguardingAssetPlatformOperatorCryptoAsset_4ef70510-f26a-4bd2-b96c-bd2dd36ea7a7" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_7126539e-2f95-444c-ab7a-4668d62036eb" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_AssetsFairValueDisclosure_b1e93951-fefc-441b-a076-7eb888ea4aea" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_7126539e-2f95-444c-ab7a-4668d62036eb" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/InvestmentinDebtSecuritiesCostBasisandFairValueofAvailableforSaleDebtSecuritiesDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#InvestmentinDebtSecuritiesCostBasisandFairValueofAvailableforSaleDebtSecuritiesDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/InvestmentinDebtSecuritiesCostBasisandFairValueofAvailableforSaleDebtSecuritiesDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_6d273a81-365b-47a0-a122-e50e934b5a1d" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_eec0c238-3543-48e2-90f9-f2b946a91e91" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_6d273a81-365b-47a0-a122-e50e934b5a1d" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_eec0c238-3543-48e2-90f9-f2b946a91e91" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax_fb91d5be-727b-42b5-976a-69ea9d4ccab2" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax"/>
    <link:calculationArc order="2" weight="-1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_6d273a81-365b-47a0-a122-e50e934b5a1d" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax_fb91d5be-727b-42b5-976a-69ea9d4ccab2" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/InvestmentinDebtSecuritiesUnrealizedLossPositionDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#InvestmentinDebtSecuritiesUnrealizedLossPositionDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/InvestmentinDebtSecuritiesUnrealizedLossPositionDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition_29a18d3a-d0bc-43e1-ab55-43ffbcf7c8f6" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_f72e94c5-c41d-4ea7-8f55-f86dd44e8c17" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition_29a18d3a-d0bc-43e1-ab55-43ffbcf7c8f6" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_f72e94c5-c41d-4ea7-8f55-f86dd44e8c17" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_ad0caa9e-ee6b-4edf-86b7-50cd90538109" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition_29a18d3a-d0bc-43e1-ab55-43ffbcf7c8f6" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_ad0caa9e-ee6b-4edf-86b7-50cd90538109" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_46e4572c-2097-49b7-86ed-0fe67758f6fd" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_bf92480d-71a7-4bde-aac7-336df0e5231b" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_46e4572c-2097-49b7-86ed-0fe67758f6fd" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss_bf92480d-71a7-4bde-aac7-336df0e5231b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_78cfd30d-d0b3-41eb-9ecf-4b91f2d120ac" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_46e4572c-2097-49b7-86ed-0fe67758f6fd" xlink:to="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss_78cfd30d-d0b3-41eb-9ecf-4b91f2d120ac" xlink:type="arc"/>
  </link:calculationLink>
  <link:roleRef roleURI="http://www.bakkt.com/role/InvestmentinDebtSecuritiesAvailableforSaleDebtSecuritiesbyContractualMaturityDetails" xlink:type="simple" xlink:href="bakkt-20230930.xsd#InvestmentinDebtSecuritiesAvailableforSaleDebtSecuritiesbyContractualMaturityDetails"/>
  <link:calculationLink xlink:role="http://www.bakkt.com/role/InvestmentinDebtSecuritiesAvailableforSaleDebtSecuritiesbyContractualMaturityDetails" xlink:type="extended">
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_d42e68f7-43b2-40d3-87c8-e1709db188d1" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_e60f8360-8b5e-4240-b9c7-6b5d2876edd5" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_d42e68f7-43b2-40d3-87c8-e1709db188d1" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis_e60f8360-8b5e-4240-b9c7-6b5d2876edd5" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_67c36142-7542-4094-afcc-64d5e16d6ce4" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss_d42e68f7-43b2-40d3-87c8-e1709db188d1" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_67c36142-7542-4094-afcc-64d5e16d6ce4" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_6cf95189-cbe1-4251-99c8-fa74d8e4d9e3" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_2d3bf030-db02-455b-8768-231243d8ba9b" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue"/>
    <link:calculationArc order="1" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_6cf95189-cbe1-4251-99c8-fa74d8e4d9e3" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveFairValue_2d3bf030-db02-455b-8768-231243d8ba9b" xlink:type="arc"/>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_17ca3ccb-93a1-4e13-af78-f8751d5a0ce6" xlink:href="https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue"/>
    <link:calculationArc order="2" weight="1.0" xlink:arcrole="http://www.xbrl.org/2003/arcrole/summation-item" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleExcludingAccruedInterest_6cf95189-cbe1-4251-99c8-fa74d8e4d9e3" xlink:to="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_17ca3ccb-93a1-4e13-af78-f8751d5a0ce6" xlink:type="arc"/>
  </link:calculationLink>
</link:linkbase>
