Jul. 22, 2018
To whom it may concern,
I am writing in support of a Bitcoin ETF. Bitcoin is a new asset class that will change the future of finance.
I would like to own Bitcoin, but do not want the challenges of storing private keys myself. While I believe that Bitcoin is the future of finance I believe that an ETF will help to accelerate it's rate of adoption. This will lead to stability in the price and allow others to fully benefit from this newer technology while enjoying the higher consumer protections when an asset is regulated by government authorities.
Bitcoin is not a fad. It is a technology that is growing exponentially, creating entirely new industries in countries all around the world. A Bitcoin ETF will only help to strengthen the benefits this new technology offers and allow investors such as myself a chance to be a part of this new era of finance.
Sincerely,
Michael Wheeler