Subject: File No. SR-NYSEArca-2021-90
From: Lance Yedersberger
Affiliation:

Feb. 27, 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 am an owner of gbtc, and it is important that gbtc reflects the underlying value of the asset, an ETF that is highly likely to reflect the real value.  The futures product is to speculative for me having a gbtc ETF would be safer.

Sincerely,

Lance Yedersberger