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. 
 
Bitcoin has already established itself as a store of value for investors both retail and institutional, and block chain technology is here to stay.  It is a very important that the United States take a leadership role in establishing a regulatory framework for digital assets starting with BTC.  It is strongly believed that BTC can and will easily co-exist alongside a future US stable coin.   And US investors need parity with crypto investors from other countries who have already approved a spot ETF for BTC.
 
Thank you for your support.  
 
Sincerely, 
 
 
Robert P. Martin
Virginia