July 17, 2018
When I purchase bitcoin, I 'm holding it as an asset and the best way for me to feel secure about it is when I am getting it through a regulated exchange, hence, a bitcoin ETF will easily make it very possible for me to feel safe about my purchase. I therefore believe this ETF filling should be approved. We need the insurance and government factor that this approval will bring.
Also, this allows for the masses and institutions to get into this new asset class that is not going anywhere. It is here to stay and will be best if we can get the authorities to give their consent as this helps with confidence in this new industry.