July 17, 2018
Greetings,
The rise of blockchain technology and Bitcoin as an emerging new asset class has brought a ton of investor interest into this space. Unfortunately, as it stands right now the barriers to entry are extremely high for those of us who are not tech-savvy enough to micromanage multiple exchange accounts and safeguarding the actual assets ourselves with complicated procedures that either requires us to remember or store our own private keys or buy a separate device to store it in which is also extremely complicated to use. Having the ability to trade or invest in a Bitcoin ETF product in the traditional market would solve all these issues with custody, insurance, and liquidity. America has always been a pioneer in technological and financial advancements, we cannot kill innovation while other countries are already embracing the future of this financial technology.
Thank you.