Subject: File No. SR-CBOE-2018-040
From: Kayvan Nouri

July 13, 2018

SEC should give the opportunity and approve this Bitcoin ETF from CBOE and VanEck as it provides institutional exposure to this new asset class and will help the global adoption.

Its believed that since the start of Bitcoin futures in Dec 24, 2017, CBOE has gained enough exposure and gathered the necessary data to back up this BTC ETF filing.

CBOE and VanEck will be backing up this ETF with insurance therefore institutional and accredited investors are protected.

Kayvan Nouri