July 13, 2018
To whom it may concern,
It is important to recognize Bitcoin (as a decentralized currency) and the underlying technology as a powerful asset in the growing global economy. The introduction of an exchange traded fund (ETF) will immensely increase the accessibility of Bitcoin in corporate markets, decrease costs of operation, provide a healthy trading volume, and most importantly bring transparency for investors. The development of an exchange traded fund will be a major leap towards establishing trust in such innovation. Such ETF will protect investors from both potential fraud and theft, something most cryptocurrency exchanges cannot ensure. I am a strong believer in cryptocurrency as an asset of practical use in the age of information. Therefore, I am in full favor of the proposal for an established ETF.
Sincerely,
Mason Ticehurst