Subject: File No. SR-CboeBZX-2018-040
From: Johannes Jacobus Stegehuis

July 17, 2018

The bitcoin and blockchain community in general is fairly new and just grew out of its child fase in februari. The blockchain behind bitcoin is always improved upon. A code is never finished, with emphasis on never. An ETF would be a big step to maturity for bitcoin. The technology is inevitably disruptive for economies an ETF would almost certainly mean more volume for bitcoin and the crypto space in general. This would also mean that programmers would have more funds and more time to improve the blockchain, and generating more security upon the security that is already in place. Institutional money inflow should be the next step for bitcoin. And this ETF could be very well the right tool for just that. To nudge it over the threshold of the mainstream. And to usher in a new Era of fintech.

Thank you for reviewing my comment.