Subject: File No. SR-NYSEArca-2021-90
From: walter Hulett
Affiliation:

Feb. 25, 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 Kentucky and have held GBTC for over a year.

I would like to see the fund changed to a spot etf so that regular  investors, like myself, can gain bitcoin exposure, without the substantial discount to the underlying asset.

Sincerely,

Ryan Hulett