Jul. 23, 2018
Dear members and representatives of the Securities and Exchange Comission (“SEC”).
I hearby state my acceptance and full support for the proposal of Bitcoin (BTC) Exchange Traded Funds (ETF’s).
The launch of Cboe Bitcoin futures in December 2017 elevated the digital currency into the circle of mainstream finance. I hope that once banks understand the incredible opportunities that Bitcoin technology offers, they will stop banning the use of their credit cards for cryptocurrency purchases and will abandon other similarly unfair practices.
ETF for Gold allowed wide variety of investors who traded outside of futures market, or invested outside of futures market as well as Forex, to get in to gold markets to buy precious metals. The overall growth of Gold ETF is a decent measurement in being able to tell the increase of liquidity into markets what is known as Price Volume Trend.
There is a variety of new measures that people are starting to learn they can take in order to secure these underlying cryptocurrencies.
Many thanks,
Zuzana Chandler