Subject: SR-CboeBZX-2018-040: Why bitcoin should NOT win ETF approval...
From: M. Bakhtiar
Affiliation:

Jul. 20, 2018

I've been in crypto since 2013 and senior enough to understand stuff, and the only comment which I'd like to give on Bitcoin's ETF is it'd not be a wise decision to give it an approval when:

-still a heavy percentage of bitcoin is held by its creator Satoshi Nakamoto who can show up anytime and dump all of it.
-another good percentage of bitcoin is held by MtGox'ers, which may get dumped at any time as well.

If either of this happens, bitcoin will face a big dump.