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 following statement is from the About Us page on the SEC website: "The mission of the SEC is to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. The SEC strives to promote a market environment that is worthy of the public's trust" May I ask, if the fundamental goal of the SEC is to protect investors, how can you approve exotic leveraged and inverse ETFs and then reject a spot Bitcoin EFT? Do you think you are performing your duty to protect investors? Sincerely, Richard Stanton Atlanta, GA