Subject: File No. SR-NYSEArca-2021-90
From: Carlo Colatosti
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. 
 
I live in New York and have GBTC in my IRA account, because it is not a Spot ETF, it has high fees and is trading at a deep discount to native Bitcoin. This is hurting small investors like me who are managing their retirement years. Grayscale has a long and reputable history, please approve GBTC.
 
Sincerely, 
Carlo Colatosti