Subject: File No. SR-NYSEArca-2021-90
From: Jeff Honea
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 live in Washington, D.C. and have been an owner of GBTC in my 401k for almost five years, yet because it has not been recognized by the SEC I have seen its value decrease vs the underlying assets. Please, it is time to take action on behalf of all those like me who use this asset as a way to diversify their holdings.

Thank you.

Sincerely,
Jeff Honea