Subject: File No. SR-NYSEArca-2021-90
From: Ray N/A
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.

The fact that a futures ETF was approved should certainly clear a path for a spot ETF. At least you know what you are getting with a spot ETF.

Thank you for your consideration.

Ray Hamway