Subject: File No. SR-CboeBZX-2018-040
From: Curtis A Brown, II

July 12, 2018

Distributed Ledger Technologies (DLT) and tokenized assets are a new financial class that creates much needed economic polarity, a hedge if you will, against traditional asset classes of the day. It is imperative that the SEC take into consideration that the approval of such an ETF allows governance of this emerging asset class and technology to fall under SEC jurisdiction and therefore US oversight, allowing a unique opportunity to leverage, mold, and actively manage this innovative space.