March 28, 2022
I fully support the GBTC proposal for a conversion to a spot price BTC ETF.
The main reason being if a BTC futures based ETF exists (whose price is based off the spot price of bitcoin) I cannot see why a spot price BTC ETF should not be approved.
The same reasoning it is being denied should have also been applied to the futures based ETF.
Please approve so we can get this over with.