Subject: Release No. 34-83520; File No. SR-CboeBZX-2018-040
From: Micah Pirog
Affiliation:

Jul. 18, 2018

Hello,

I am writing to express my support for the SEC approval of a bitcoin ETF.

I wholeheartedly believe this, or similar, technology is both the path forward and an inevitability. Given its inevitability, it may be a matter of national security to see a vetted, tested, and open-source project like Bitcoin succeed in place of potential alternatives. The approval of a bitcoin ETF would assist in establishing Bitcoin further.

I understand that the SEC plays a vital role in protecting investors from unnecessary risk and fraudulent investments. However, the absence of a bitcoin ETF does not prevent investors from purchasing bitcoin as an investment. Lastly, I do not believe bitcoin is either unnecessary or fraudulent and as previously stated, doing nothing may be the greater risk.

Thank You,
Micah Pirog