Feb. 24, 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. The importance of the United States of America to remain and economic leader is paramount. The advantage we have to determine any risk management concerns is now been fully alleviated based on the spot ETF that has been in production for a significant period of time with our North American strategic trading partner Canada. We do not want our country to fall behind the rest of the world. As a long time investor, in GBTC I fully support and humbly request your careful consideration and the approval of the spot Bitcoin ETF. Sincerely, Jeffrey M. Hagar