Subject: File No. SR-NYSEArca-2021-90
From: Jeff Miller
Affiliation:

Feb. 26, 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 live in Pennsylvania and own GBTC for exposure to Bitcoin. It trades at a significant discount to the actual value of Bitcoin and is therefore unpredictable in terms of its movement versus the actual cryptocurrency.

Sincerely,

Jeffrey D. Miller