Subject: SR-CboeBZX-2018-040
From: Paulius Bartaska

July 13, 2018

Hello,

Few thoughts why BTC ETF will be good for all economy and should be aproved:

1. It is absolutely new class of assets which fits perfectly for today's humans needs: we (travelers and digital nomads) want to access our money 24/7 without any working hours and make fast transactions to friends and family without huge bank fees.

2. BTC is the most secured and liquid asset at the moment for few reasons: technically it is never been hacked or stolen without human mistake (math always right); every person could use it anywhere in the world without any special preparation, just with internet connection and mobile phone.

3. High net worth individuals, pension funds also want to invest in this asset class, but they need more confidence which be provided by ETF.

Thanks,

Paulius Bartaska