July 11, 2018
To whom it may concern:
I am a retail investor who supports the approval of a Bitcoin ETF. I think SEC approval and regulation will go a long way towards protecting retail investors, like me, who believe in the technology behind distributed ledger/blockchain assets such as Bitcoin and its ilk, but want government involvement to protect us from market manipulation from whales and marketmakers.
I am of the mind that government can do more to protect investors by accepting and regulating this emerging asset class, vice ignoring it altogether--similar in principle to abortion and vice items like alcohol and marijuana.
Anyway, just the $.02 of a citizen who invests in cryptocurrency.
Thanks and best regards,
Chad Brokaw
Newport Beach, CA