Subject: File No. SR-NYSEArca-2021-90
From: Lois Hofmann
Affiliation:

Feb. 28, 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.

Canada and Brazil already have bitcoin ETF’s, and other countries will soon follow.  A spot bitcoin ETF would allow investors like me to own crypto in the same way I hold other investments.  It also would allow me to invest in a product that directly tracks the price of bitcoin without having to hold bitcoin.

Bitcoin has proven itself invaluable in providing funding to Ukraine

Sincerely,
Lois Hofmann
California