Subject: File No. SR-CboeBZX-2018-040
From: Kevin Thomas

July 11, 2018

In response to the request for comments for SR-CboeBZX-2018-040 as a new ETF over the counter product, I have the following comments:

As an investor in cryptocurrencies and related technologies, an ETF that is properly regulated and utilized safe physically stored assets is an important step in providing U.S. citizens a much more secure manner to invest. Difficulties Ive seen in the past involve issues with individuals safely storing their bitcoins/crypto.
This ETF as a first (as well as other) are an important step in continuing to stabilize and protect investors of all sizes.
By continuing to deny the structure of a new market, by denying ETFs and larger institutional and individual on-ramps, your department is forcing investors to utilize a diverse set of sometimes less secure, less regulated services that are not as stable.

I ask action be taken to start approving ETFs versus inaction which appears to be more damaging to investors.

Thanks, Kevin