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 am a middle class father of 4 who has found investing in crypto assets to be a way to hopefully improve my families quality of life and to diversify my retirement portfolio. We live in a unique time in history and asset classes are shifting. Younger investors like myself are willing and eager to take on the risks associated with investing in cryptocurrency. Not allowing this to be a spot ETF has kept this fund at a unnecessary discount and resulted in damage to every day investors portfolios. Converting this to a spot ETF will allow this discount to evaporate and ensure fair pricing for every day investors like me. It will also allow for regulated exposure to crypto assets for millions of people in a safe manner. Sincerely, Matt Becker