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 is absurd and counter productive not to approve a spot ETF for Bitcoin, while you have futures ETFs. It will harm Americans and stifle innovation in the most important technology of the 21st century. I personally know dozens of Americans who are inhibited in their ability to invest, freely, and of their own choice, in Bitcoin because the SEC is choosing instead to protect the interests of the big banks. Please listen to American citizens: we demand the right to invest in what we choose, and withholding approval of the transition to a spot ETF is acting against the interests of Americans. Sincerely, Mark D’Andrea California