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. My name is Aron Yedersberger and I live in IOWA. I run a small internet service provider and employ almost 40 people in my town. I think it is extremely important that the SEC supports the conversion of GBTC to become a Spot Bitcoin ETF. As you know, crypto is growing quickly in our country and to protect consumers, we need a safe way to invest in BITCOIN. Grayscale has proven to be the most trustworthy company to offer the bitcoin spot etf. The Bitcoin Spot ETF would be a more efficient track of the price of Bitcoin, and would eliminate manipulation by big hedge funds. Also the cost of the management fees to have BITCOIN ownership would go down compared all other options. We need the SEC to protect the consumer by providing a safe, reliable, and non manipulated option to invest in cryptocurrencies, mainly a Bitcoin Spot ETF from Grayscale. Sincerely, Aron Yedersberger President, LISCO