July 12, 2018
Dear SEC,
As an American citizen, I strongly support the approval of a Bitcoin ETF. I believe the approval of a Bitcoin ETF will allow the U.S will lead the blockchain revolution like what happened with the internet decades ago. A Bitcoin ETF and regulatory clarity will allow institutional investors to put money into this space and bring the market to its next stage of maturity. I believe International competition in this space (especially South Korea and Japan) will not stand idle and will bring clarity and approval of products and beat the U.S in this arena. Also, as an millennial investor, I have self learned so much about finance/investing from participating in the crypto-currency space which I could never do with traditional investments in equity/bonds/etc. I believe and hope that as a prudent regulator you can see the benefits in approving the ETF while at the same time ensuring and protecting the interests of the retail investor.
Sincerely, Jeremy John