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. Blockchain is a great technology just like the internet. Bitcoin ETF can let more and more people know about blockchain and crypto-assets. Grayscale has made many contributions in the blockchain industry, so you can approve GBTCs conversion requests to a spot ETF. Sincerely, Michael Xie