Subject: File No. SR-NYSEArca-2021-90
From: Phil Dubuque
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. 
As an investor and advisor, I strongly support the creation of ETF funds for Bitcoin.  The only reason GBTC trades at a discount is due to the lack of SEC approval for an ETF.  Most other major countries have approved an ETF and yet the US has not.  This will hurt the competitiveness of the US.
Sincerely, 
Philip Dubuque pdubuque@bfpartners.com
 
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