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. Your commission is supposed to be protecting retail investors from fraud, manipulated corporate reports, insider trading, and a host of other illegal shilling promotions from wall Street. I have been involved with markets and their manipulation since enron and have been exposed to a plethora of these scams and ripoffs. A spot etc for Bitcoin seems to be more closely related to the market price than the futures products you seem to think is better. The discounts and premiums this is creating is another manipulated trading vehicle you are not protecting me from. How about you guys make a change and start doing what your commission was intended for and create an equal or at least more level playing field for the little guy. Enough is enough. Sincerely, Anthony Damico