Subject: File No. SR-NYSEArca-2021-90

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 a resident of New York, converting GBTC to an ETF seems like the logical next step. As an ETF the removal of the premium or the deficit seems to make sense


Sincerely,
Michael Perna