September 21, 2018
Please listen carefully to what Hester Pierce is saying regarding the approval of the Van Eck/Solid X Bitcoin ETF proposal. There would be no good reason to hinder the consumer from being able to participate in these exchange traded funds. I hear constantly about market manipulation as the main reason for this current extension. Why not look into exchanges like Bitfinex who offers up to 100x leverage?? This is pure market manipulation. These types of exchanges are one of the main problems in this industry. Why allow leveraging of short positions? This seems absurd.
And above that why limit a company from listing on the Chicago Board of Exchange? The Van Eck/Solid X Bitcoin ETF seems like the perfect choice for allowing this proposal. Make the right decision and follow what the people are looking for. We would like approval sooner rather than later. Show us you really care by expediting this and not utilizing any extension terms.
The Van Eck/Solid X Bitcoin ETF as well as Baakt are both something the consumer wants and the time is now.
Regards,
Mike Pastore