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. We need a Bitcoin ETF for trading for a safer way to buy bitcoin rather than on exchanges. Grayscale has proved to be an honest company and has taken the appropriate steps in getting approved for an ETF. This is important for the U.S. as other nation states are adopting bitcoin ETFs for trading. Bitcoin is a proven asset and as the public we should be allowed to trade a bitcoin ETF in the U.S. as I see it as a safer way to invest than other current options available. Please truly consider approval for Grayscale bitcoin ETF. Sincerely, Ilya Averbukh