July 11, 2018
Good afternoon,
With the adoption of Crypto futures ie, BTC and ETH investors have the ability to take advantage of a new investment tool. However, without an ETF option the markets will be subject to futures contracts potentiality, to manipulate the the price of BTC, especially if the investor has a futures contract and a big stake in actual BTC. With this being said I believe ETF will allow smaller retail investors to join a burgeoning market and create a balance to the futures contracts.
Thank you for your time,
Sincerely,
Gerald S Votta
Crypto-Economist