Subject: SR-CboeBZX-2018-040
From: Shep Hudson
Affiliation:

Sep. 21, 2018

I support the rule change to allow the VanEck-SolidX Bitcoin ETF to be created.  I feel that this ETF in particular will allow institutional investors the most secure way to invest in crypto-currencies. 


I understand the concerns that some commissioners have expressed about the more retail oriented Bitcoin ETF's.  I feel that allowing the  VanEck-SolidX Bitcoin ETF will allow the crypto market to stabilize and secure itself prior to allowing retail investors easier access. 


With Bakkt hopefully coming on-line soon, the  VanEck-SolidX Bitcoin ETF will allow an alternative entry into the market and increase competition and security.  Currently, retail investors can access crypto-currencies with minimal research,  institutional investors have more limited options. 


Please approve the rule change as it applies to the VanEck-SolidX Bitcoin ETF.