Jul. 18, 2018
To whom it may concern,
It seems, as if, many large scale and institutional investors are waiting for a safe, secure, and understandable way to enter this market. With insurance backing this ETF, and the familiarity of the process to buy the asset, it will be an incredible step forward for this market. This ETF is a critical step in the right direction.
This ETF should signal a maturity in crypto assets to various industries and in result more capital will flow to crypto. This ETF has the potential to open the doors to investors that are waiting for this signal. The opportunity to be able to purchase an actual Bitcoin (or some portion of it) without having to take the steps of finding an unregulated exchange and navigate through the process, will open the doors to the public and allow them to enter the future. This technology is here to stay. And, this asset class is just starting to emerge.
Thank you,
Ryan Farfante