Subject: File No. SR-NYSEArca-2021-90
From: RC M
Affiliation:

Feb. 22, 2022

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. 


Please approve the proposed rule change to convert GBTC to a spot ETF.  
 
-   Bitcoin ETF’s have been approved in other countries – why keep innovative 
    American companies at a competitive disadvantage? 
 
-   Already approved, Bitcoin futures ETF’s seem to be a riskier choice for average investors.
 
-   Money is already flowing into other less regulated/higher risk BTC offerings, a regulated
Grayscale ETF product would increase protection of retail investors.
 
Accelerate a decision so American Companies can continue to innovate or investors
may invest else ware.