Subject: File No. SR-NYSEArca-2021-90
From: Maulik Shah
Affiliation:

Feb. 22, 2022

 


As retail investors, GBTC is the easiest way to get an important Bitcoin exposure, unfortunately, the discount to the NAV is hurting us greatly. This would be fixed by a spot ETF, a product that is available to retail investors in other countries. Authorizing a futures ETF and not a spot one is a great disservice to retail investors. Please approve GBTC to be a spot ETF