Jun. 28, 2021
From: Michael Althaus [REDACTED] Sent: Thursday, June 24, 2021 8:44 AM To: Rule-Comments <Rule-Comments@SEC.GOV> Subject: SR-CboeBZX-2021-019 CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear Sirs I’m 38 years old and self-employed. To prepare for retirement, I have a large percentage of my net worth (about 80 percent) invested in stocks, ETFs and Bitcoin. I sleep pretty well knowing that my stocks and ETFs are in custody of well regulated Banks. Furthermore, the investments are SIPC insured. Unfortunately this is not the case with Bitcoin. I have to either secure my Bitcoin investment by myself in a self-custody wallet, or I have to trust a private company like Coinbase to secure it for me. This exposes me to a considerable risk. Companies like Coinbase are not nearly as well regulated as Banks and the Bitcoin they are holding is not SIPC insured either. I really hope that a Bitcoin ETF gets approved soon. I would sleep much better knowing that my Bitcoin investment is in the custody of a well-regulated bank and not just a private company. I would urge you to approve the ETF so small time investors like me get an option that offers better protection of their Bitcoin investment. Best Michael Althaus [REDACTED] Get BlueMail for Android