Jul. 18, 2018
To US SEC;
To whom it may concern;
I understand that SEC is concerned about investor's safety: we all know that investors' interest in BTC is growing exponentially, yet, there is no easy and safe way for (institutional and retail) investors to invest in BTC.
Having a ("physically backed") BTC ETF is a much safer way for investors to get exposure in this new asset class vs. simply holding directly BTC. A BTC ETF would be insured, with a safe custodian solution, thus appropriate for investors.
Please, do approve this ETF in the interest of consumer / investor safety. America needs to be in the forefront of this new fintech revolution: more innovation, more jobs, more liquidity in new markets, more ways to hedge, etc.
Thanks,
Minas