Feb. 22, 2022
Dear SEC, I’m writing to support the conversion of Grayscale Bitcoin Trust (Symbol: GBTC), currently the world’s largest Bitcoin fund, to the first Spot Bitcoin ETF in the United States. I think it’s about time to admit that Bitcoin is no longer magic internet money used by criminals but actual commodity and store of value for people and companies as well. Other countries already adopt Bitcoin ETFs and ETPs we should not lag behind them. Volatility is common also in the stock markets- risk is everywhere. First American Bitcoin Spot ETF would be great step for healthy crypto regulations. Sincerely, Piotr Ziemkiewicz NY