Subject: SR-CboeBZX-2018-040
From: Terence Redmond

July 12, 2018

Subject: File No. SR-CboeBZX-2018-040
From: Terence Redmond
Affiliation: Investment Officer, Metamorphoses GmbH

Dear Honorable U.S. Securities and Exchange Commission,

Thank you for your consideration of the application SR-CboeBZX-2018-040. We support the approval of the Chicago Board Options Exchange (CBOE) Bitcoin ETF proposal for the reason that it facilitates the three-part mission of the SEC which is 1) to protect investors; 2) maintain fair, orderly, and efficient markets; and 3) facilitate capital formation.

Respectfully,

Terence Redmond
Investment Officer
Metamorphoses GmbH

General manager:
Otto Philipp Braun