Subject: File No. SR-NYSEArca-2021-90
From: Boonleng Cheong
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 own GBTC and it saddens me see that it is trading at a serious discount at the moment. I would like to see this get resolved with the approval of the Grayscale Spot Bitcoin ETF.

I reside in the State of Oklahoma.

Sincerely,
Boonleng Cheong