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 Grayscale has demonstrated the need for and value of a regulated bitcoin security. They can perform this function much more effectively as a spot ETF. Sincerely, John Nyquist Grosse Pointe Michigan