July 17, 2018
Dear Sir / Madam,
Please accept this comment as support for the approval of CBOE's Bitcoin ETF.
CBOE has a long history of providing innovative products for market participants to gain exposure for hedging or speculation purposes.
I believe they are well equipped to release an ETF into the market responsibly, with the right protections and protocols in place to mitigate the risks and concerns you highlighted in previous responses to an application for approval.
I believe the SEC should not stand in the way of such an innovation of technology in the spirit of allowing the free market to calibrate accordingly to demand and supply.
I appreciate your time in reading my comment.
Regards
Richard Thomas-Pryce