Subject: File No. SR-NYSEArca-2021-90
From: Joel Gantcher

Feb. 23, 2022

 

To the SEC, 

I’m writing to support the conversion of Grayscale Bitcoin Trust (Symbol: GBTC) to a  spot Bitcoin ETF in the United States.  

A futures based ETF imposes high and well understood costs on retail investors. A spot ETF would serve retail clients far better and allow for greater equality of access. 

Sincerely 

Joel Gantcher