Sep. 21, 2018
Dear SEC official, Please approve the CBOE Bitcoin ETFs, stop being the new luddites, it’s not your job. Bitcoin and cryptocurrencies are Anti-Fragile. They will not go away under regulatory pressure. If excessive regulation squeezes them in one geographic location they will just grow in more friendly places, become stronger, more resilient and eventually return when it’s too late for American investors. By not approving these ETFs you are forcing American investors to place their funds in off-shore jurisdictions, thus rather than protecting them, you are pushing them away from American regulatory protection, the opposite effect of your mandate. regards, Jose Martin