Subject: SR-CBOE BZX-2018-040
From: Anna M. Santiago
Affiliation:

Nov. 01, 2018

To the SEC Committee:

I am taking the time to add my voice with those in favor of seeking approval from the SEC for the VanEck Solid X Bitcoin Trust ETF because we are in need of a simpler way of investing in cryptocurrencies. I believe the investment community is in need of such a product that more easily allows us to participate in a market that is open 24/7 and that is NOT influenced by any one government or economy. After market trading of the current securities markets tilts the advantage towards those that are able to participate in these after market trading sessions. That leaves the retail investors at a disadvantage. I believe blockchain technology has done a lot to move us towards a nearly hack proof system that cannot be matched by anything currently available to our big brokerages and financial institutions. That makes this product safer to be in.

Please give your approval to this ETF. VanEck has gone out of it’s way to assuage all the concerns the committee had when it disapproved a previous attempt at getting a Bitcoin ETF.

Sincerely,
Anna Santiago, RRT, NPS
Neonatal Respiratory Therapist