Dec. 12, 2018
Dear Commissioners In giving importance to the Bitcoin ETF, I would like to demonstrate my full support for the approval. ETFs offer an incredibly flexible and valuable allocation form for any type of investor. From financial institutions, traders, equity managers and mainly individual investors, they no longer need to deploy to find a diversified solution between different asset classes for the long term. Given that in 2018 in the US market, 1 trillion dollars were invested being in 1700 ETFs, so this type of derivative is very attractive for the investors. About VanEck A company with 65 years of experience in the market, which confirmed a partnership with Nasdaq to create a regulated and supervised digital asset market, to avoid market manipulation as SEC chairman Jay Clayton mentioned. Therefore, the approval of the ETF is essential so that investors can have a security of their assets with the support of VanEck / Solidx. Thank you Carlos Mambri (Brazil)