May. 01, 2022
Dear SEC, One of your main duties is to protect individual investors. Why did you approve a futures based ETF when it is a clearly and inferior product, in terms of performance. The individual investor is paying an extra 20% extra from the discount to NAV. Meanwhile, Goldman, JP are launching products for the wealthy clients left and right. By stubbornly refusing to approve a spot bitcoin ETF, you are continually giving an unequal opportunity for the rich to enrich themselves further while continually handicapping the little guy. Thank you for your attention. Anonymous