Subject: File No. SR-CboeBZX-2018-040
From: Florence Manguiat

July 17, 2018

Hello, I think having an SEC regulated ETF is exactly what the cryptocurrency market needs right now. I am in support of more government regulations as they will help to protect investors. The technology behind Bitcoin and its blockchain are revolutionary, and will change how we do business. The potential for capital is there, and more innovation will take place using this technology whether this ETF will be approved or not. America must be open to innovation, or we will be left behind the countries that have already embraced this technology and have set guidelines in how to deal with it.