Subject: File No. SR-CboeBZX-2018-040
From: Jose D Gomez

July 11, 2018

The ETF is an important part of the future development of the crypto markets, which currently has extensive regulation in important countries. At present, the participation in these markets is limited to individual investments because it lacks the instruments that allow large investments backed by the securities offered by an ETF and continue to delay its authorization could cause loss of competitiveness with other countries.