Jul. 18, 2018
To whom it may regard,
I am writing in support of a potential approval of a Bitcoin ETF. I myself am I private investor, who over the last 18 months have begun to diversify into Bitcoin.
My confidence so far as a retail investor in this space has been diminished as a result of hacks to exchanges and many scams within the space. I see the approval of a SEC backed ETF as legitimisation within the field giving more confidence and protection to investors such as myself and others. To add to this I and many others will continue to invest whether this ETF is approved or not. Therefore SEC approval will go a long way to protect current and future investors with a secure custodial way in which to invest in Bitcoin.
Kind regards
David