Back in mid July, Ethereum World News had notified its readers on how they could leave comments on the SEC website with regards to the filing of a Bitcoin ETF by the CBOE (Chicago Board Options Exchange) exchange. The filing proposes a rule change to list and trade shares of SolidX Bitcoin Shares issed by the VanEck SolidX Bitcoin Trust. When the story was published, there were approximately 20 public comments with regards to the CBOE ETF and why the SEC should approve it.
Looking once again at the comment section on the SEC website for the CBOE filing, we find that the SEC has published exactly 683 public comments at the moment of writing this. This is a good response from the public in a period of only one and half months after they were notified of the possibility of commenting on the SEC website.
One such comment by Austin Lawrence on the 18th of July, states the following:
Please approve this resolution as I believe that Bitcoin, and blockchain technology, can be a safe and effective method of cryptographically storing and transferring wealth.
Another comment from Michael Lyle, Technical Director at VFX, states that:
Bitcoin since it’s inception has been smeared in the public domain with issues relating to its use for illegal purchases. However the truth, as I am sure the SEC is fully aware now, is that distributed ledger technology, by its very nature, allows the close monitoring of exchange of value and allows zero anonymity IF ALLOWED to be regulated properly. The approval of this filing would mark a healthy new chapter, encouraging a new, open and healthy regulated crypto currency market, and gearing it away from taking a clandestine underground path, or being adopted by other emerging economies, leaving the US behind in terms of innovation and growth.
So how do you comment on the SEC website regarding the Bitcoin ETF?
As stated in our first article, there are 3 methods of doing so. Please note that the file number for the BTC ETFs on the SEC website is SR-CboeBZX-2018-040.
- Online form
- Comments can be submitted via this link
- Look for SR-CboeBZX-2018-040
- There should be a Submit comments section
- Send comments to [email protected].
- The subject line of your message must include the File Number for the rule. This is the number that begins “S7-” or “SR-”.
- If you attach a document, indicate the format or software used (e.g., PDF, Word Perfect, MS Word, ASCII text, etc.) to create the attachment. Please note that the SEC now accepts comment letters in PDF format. DO NOT submit attachments as HTML, GIF, TIFF, PIF, ZIP, or EXE
- Using the traditional ‘Snail Mail’
Send 3 copies of your paper comment letter to:
Brent Fields, Secretary
Securities and Exchange Commission
100 F Street, NE
Washington, DC 20549-0609
Each copy must list the “File Number” for the rule. This is the number that begins “S7-” or “SR-”.
The post Over 600 Public Comments Flood the SEC Website For The CBOE Bitcoin (BTC) ETF appeared first on Ethereum World News.