Subject: File No. SR-NYSEArca-2021-90
From: Brad Gordon
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.

US investors deserve the option to choose if they want to invest in an innovative product that is both convenient and cost efficient.  It is no longer possible for families to save their hard earned dollars in savings or bank accounts due to inflation and many are seeking alternative options.  Software as Free Speech is a fundamental right and something America should lead on and stand up for.  This has taken far too long already, with the first ETF applications being submitted well over 5 years ago. This is a product people have been waiting on and people are losing faith that there is a fair, clear and expedient product approval process underway with clear guidelines and goalposts.  If we want to be technology neutral, we can’t be unduly biased against a bitcoin ETF vs other inferior products already trading in the market.  I am writing from New Jersey.

Sincerely,
Bradley Gordon