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 severely impacted as an investor due to the closed end fund's negative premium. Please protect investors by allowing the conversion to a Spot ETF. I reside in Texas, which is aiming to be the Bitcoin mining capital of the world and at the forefront of innovation. 

Sincerely, 
Darren Olson