July 12, 2018
Please approve this ETF. Cryptocurrency is much better than normal money for clearing transactions quickly (minutes rather than days to clear) leading to a greatly sped up economy. Also, please open this to non accredited investors. Having the ability to trade futures on bitcoin will reduce the volatility of the investment, and allow people to use the cryptocurrency as an everyday medium of exchange. Doing this will result in a higher pace of economic activity as individual transactions clear faster. This will lead to prosperity for the american people.
As a non accredited investor, I would like to buy future options to sell bitcoin at the current price several weeks in the future to insure against volatility. I would also like to buy options to buy bitcoin at the current price in the future. These are important to have.