Subject: File No. SR-NYSEArca-2021-90
From: Kevin Breault
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. 

It makes absolutely no sense that this fund is stuck as a closed end fund with no redemption mecanism.  

Sincerely, 


Kevin Breault