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.

I have been forced to buy into the Canadian Purpose Bitcoin ETF because the US doesn’t have one.  I have a significant portion of my IRA in GBTC but would prefer to have my retirement investment in a United States spot Bitcoin ETF.  Please help protect my retirement investment by approving the conversion of GBTC to a spot ETF.

Sincerely,
John M Piercy