Subject: File No. SR-NYSEArca-2021-90

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.

Look, it really makes sense to convert  grayscale to spot a spot price ETF. Bitcoin is secure, open transparent and accountable. Perfect method of exchange and easy to manage on a tax basis for the government. Please allow the conversion.

Sincerely, W Cole