Subject: File No. SR-NYSEArca-2021-90
From: Brian Alexander with Arete Mortgage NW
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. 

I love in Portland, OR and I find the reasons for delaying this approval to not have merit.  Much of the rest of the world is racing ahead of the US with providing such an investment instrument ; NOT providing this investment product provides zero protection to consumers and unnecessarily withholds from consumers a safe way to expose their portfolio to the bitcoin market. 

Sincerely, 
Brian Alexander