Subject: File No. SR-NYSEArca-2021-90
From: Francisco Leyton
Affiliation:

Feb. 22, 2022



Dear SEC,

I’m writing from the Netherlands 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. Futures is extremely risky while a spot would give us direct exposure to the asset. I would invest from Europe, but only if it turns into spot.
Let’s bring the US to the top in the crypto race. Please don’t stay behind, this is a huge opportunity to be the leaders in innovation.

Kind regards,

Francisco Leyton