Subject: SR-CboeBZX-2018-040
From: Andrei P.

July 12, 2018

To whom it may concern,

I strongly support the approval of a Bitcoin ETF. There are a lot of blockchain projects that have a really noble goal, and incredibly smart people on board. This has the potential to change the world, to revolutionise the financial system, and we are already seeing countries like Japan, South Korea, Switzerland, Malta, etc embracing them. I would expect the United States to carry the flag, join this movement and be part of this new paradigm shift.

"But Bitcoin is used to buy drugs, and weapons, and porn" - so is any other fiat currency on this planet. But with Bitcoin, since it is an immutable ledger, you can track the payment history of any address. So it would actually be easier to track down bad actors.

This is the next natural movement in the crypto industry, and it would help legitimising it. I am personally emailing you not because of a financial incentive, but because I really believe in this movement, and in it's potential to change the world and disarm the corrupted actors and politicians.

With proper regulation, this new paradigm shift could bring a huge benefit to the world, and can improve areas like healthcare, logistics, IOT, cross border payments, and so on.

Most respectfully, Andrei P.