Subject: File No. SR-NYSEArca-2021-90
From: J.J. Lehett
Affiliation:

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 live in eastern Ohio (Trumbull County), and as a long time, but fairly small, investor, I value asset diversification.  I feel that a Spot Bitcoin ETF is a much better tool for such diversification than the futures based ETFs currently available, and I urge you to consider approval of this ETF.  I believe it is perhaps the easiest and safest on-ramp to the crypto currency marketplace without worrying about wallets, seed keys, and understanding the details behind a futures-only ETF.

Thank you for your consideration in this matter.

Sincerely,

John J. Lehett