Jul. 18, 2018
To whom it may concern:
This ETF should be approved.
Bitcoin and other cryptocurrencies have proven to be on the cutting edge and far superior to other investment vehicles.
Bitcoin, cryptocurrencies and blockchain technology is good for the world.
It is the future of currency.
It is the future of information technology.
Blockchain technology alone will prove to be the basis for almost everything that requires contracts, proof of work, proof of payment and hundreds of other contractual agreements. It will be an indispensable tool for every business in the future.
An ETF would allow this technology to grow quickly and improve all these aspects at a greater pace.
And seeing as the SEC is mostly concerned about protecting investors,currently the lack of an ETF does not prevent people from investing in bitcoin but puts retail investors at greater risk when investing in bitcoin.
Sincerely,
Frank Faillace