Subject: SR-NYSEArca-2019-39
From: Alex Heuer

October 16, 2019

I fully believe that the market is ready for a Bitcoin ETF. The United States needs to be a leader in blockchain innovation, yet we are continuously falling behind. The bitcoin network has been around for over 10 years now, price discovery methods and oversight have been in place via CFTC & Physically backed futures via Bakkt. You can pay also pay taxes in Bitcoin. 

It is your job to allow ETF products that meet the standards that are in place, which Bitcoin has done, and not try to police them like you are currently doing. 

Kind regards, 

Alex Heuer 

Director of Business Development & 
Strategic Partnerships 
(858) 997-2117 x 118 

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