Subject: File No. SR-NYSEArca-2021-90
From: Tim Stannard
Affiliation:

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. This is because a spot ETF would be more fully representative of owning the asset which is what I want. It would also mean the US has first mover advantage in this fast growing market. I’ve held grayscale for nearly five years and intend on holding for a long time. Thanks I’m advance .  


Yours Sincerely,  
TStannard