Subject: File No. SR-NYSEArca-2021-90
From: John Conklin

February 10, 2022

I am very interested in investing in crypto assets. I recently experienced a lot of volatility in Triple Short QQQ and in Triple Long Oil. CME Futures and options trading seems way to sophisticated for me. I own GBTC but it has grossly underperformed spot. It does not seem fair that I got chewed up by triple ETFs, that Futures Bitcoin is too complex for me and that I get stuck with GBTC underperformance vs spot. Please approve the conversion of GBTC to a spot Bitcoin ETF. Thank you.