Apr. 3, 2025
Hello, I am writing to offer my comments in support of the proposed HBAR ETF. As a web developer for Financial Business Systems in Fargo, North Dakota, I have been directly investing in the $HBAR cryptocurrency since 2022. After dedicating significant time outside of work to researching the purpose of cryptocurrencies, I found my answer in HBAR (Hedera Hashgraph). When Congressman Brad Sherman (D-CA) questioned, "What has Bitcoin given us?" the response seems limited to its role as a store of value—and little beyond that. HBAR, however, is different. Beyond its value, its technology addresses critical challenges in areas like artificial intelligence, security, speed, and accuracy. The best summary of my research can be found in Mike Maloney’s Hidden Secrets of Money, Episode 8, "From Bitcoin to HBAR - Hedera Hashgraph Documentary" [YouTube Link]. I think approving the HBAR ETF would be a fantastic investment for Americans who want to invest in cryptocurrencies/HBAR. I hope the SEC will approve of this application. Thank you for your time and consideration. -- -Matt Flatin