July 18, 2018
It is very important for the United States government to recognize cryptocurrencies as a legitimate asset class that will transform the global economy. Americans should have access to all forms of investments, particularly with oversight from the SEC. A bitcoin ETF subject to regulations would do wonders by allowing more investors to gain exposure to bitcoin and potentially other cryptocurrencies. It is important for the SEC to keep abreast of emerging technologies to ensure the country maintains a leading role in the global economy. We need to encourage rather than discourage innovation. Therefore, the SEC should allow the creation of a bitcoin ETF with proper oversight and regulatory compliance.