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. It's really crazy that you're hurting American investors under the ruse of trying to protect them. The real reason is that you want to punish and regulate alt coins, and are holding us (GBTC owners) hostage by not permitting conversion to a spot ETF unless/until the alt coins submit. Please approve conversion to a spot BTC ETF! Sincerely, Daniel S. Galligan