Subject: File No. SR-CboeBZX-2018-040
From: Robert Fernandez
Affiliation: CPA/Accountant

July 23, 2018

This asset class needs more regulation and transparency. By approving the ETF's, Bitcoin becomes just that. Also the ETF's will help with liquidity, more transparent and much easier to track taxes.

It is a win for all parties. The government gets more regulation and the current bitcoin owners get legitimacy that comes along with the ETF's.