July 20, 2018
I very much support and welcome the approval of the CBOE VanEck SolidX bitcoin trust. After the initial surge in popularity of bitcoin, and subsequently the general cryptocurrency market, the market is in need of regulation and stabilisation. It is far too easy to call 'scam' because of the lack of regulation, and yet here is the very possibility of some approved regulation, one which would invite institutional money (and therefore, by nature, regulated sophisticated traders) en masse into the space. It is clearly apparent, that the coin with a daily trading of $5b is more than a passing fad. It needs the ratification of regulation and the influx of sophisticated and regulated investors. There is no better way of achieving this than by approval of this ETF.