July 12, 2018
Dear SEC,
The approval of a Bitcoin ETF is both in the investors and overall markets best interests. Currently, investors have no means to trade this asset class in the most traditional sense compared to stocks/bonds/commodities etc. Countries around the world are pursuing positive changes to introduce this asset class to their investing public. A bitcoin ETF would provide investors a sense of confidence.
The ease of purchasing a bitcoin ETF would expose the asset class to several new types of investors that were previously not able to invest in bitcoin, such as mutual funds and pension funds, for example.
It is time to be proactive and allow the investing public access and not hinder our ability.