Jul. 21, 2018
Dear SEC,
You have undoubtedly received many inquiries and comments about the CBOE submission for a bitcoin ETF. The best voices have likely told you about how approval of an ETF will increase liquidity for the cryptocurrency which will then lead to higher awareness and thus more competition and innovation overall in the space. It would be wise for the USA to remain the leader of the technology in this cryptocurrency space, and decisions like this can make a huge difference. Ultimately, it will lead to more education on this technology and thus more jobs, as well as the potential for a new technology like this to dramatically affect the economy in a positive way. Yes, there will be some mistakes made along the way, and there is no way to keep everyone entirely safe from manipulation and corruption, but these things, like everything else when it comes to a new technology, will sort themselves out as best they can in a natural, trial and error, evolutionary process. And the CBOE seems to have put in the insurances necessary to put in place legitimate protections. Do not make the USA a leg behind other countries in this race by disapproving this ETF. I hope you consider all of this in your decision, thank you for your time.
Kindly,
Aria Yeganegi