Feb. 22, 2022
To Whom it may concern at the SEC, I appreciate the work you do on behalf of our nation and many investors, while I don't understand why and when things always happen, there certainly is a blessing to have checks and balances with marketed securities. That is what makes our system so great for so long. I am thankful that SEC is working with the crypto industry in many cases to make sure this next generation of the internet and digital assets are not something we are behind in, but can participate and lead in. I am not seeing the ico scams of the past nearly as much because of it, thank you. That being said, our country is behind many others when it comes to a spot Bitcoin ETF, and this puts many investors in different kinds of accounts at a disadvantage in our country. The options ETF was a step in the right direction, yet more could be done. I would hope that in the near future a fund like GBTC which has been run well, would be approved to become one of many spot ETFS that track Bitcoin. There are many, including myself, that see Bitcoin as a generational asset that takes money and gives it an entire new level of trust because it is continually audited and predictable, making it better than gold. Let's be a leader in Bitcoin and other assets sooner rather than later, I hope you would agree. Thank-you for your time and diligence. Sincerely, Kevin Schnake