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. The SECs job is to protect investors. The Grayscale Bitcoin trust as it currently stands is an inferior investment vehicle than its conversion to a spot ETF would allow it to be. The futures ETF that was approved is much riskier for investors and reflects a double standard by the administration. I request accepting Grayscales application to be converted into a spot Bitcoin ETF. THIS TRUST SHOULD NOT BE TREATED ANY DIFFERENTLY THAN ANY OTHER. Sincerely, Anonymous