Subject: File No. SR-NYSEArca-2021-90
From: James Newkirk
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.  It is long past time to provide a greater level of regulatory certainty to this market, through this step. The US should be leading the way relative to other major markets to provide a spot-market priced ETF.

Sincerely,
James Newkirk