Subject: File No. SR-NYSEArca-2021-90
From: Matthew Pollak
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 United States is very behind on approving digital asset ETFs.  Other counties around the world have already approved numerous ETF’s for Bitcoin and Ethereum.  Even Fidelity opened up an ETF in Europe because they could not start one in the US.   I think Grayscales bitcoin trust is the best potential for a spot bitcoin ETF because they have approximately 600,000 bitcoin in custody.  I would love to be ablet to invest in an bitcoin etf in my retirement account using Grayscale.  I am a resident of Texas and live in Houston.
 
 
Sincerely, 
Matthew Pollak