Subject: File No. SR-NYSEArca-2021-90
From: Earl Stevens
Affiliation:

Mar. 02, 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 purchased Bitcoin for the first time in 2015, after following it with skepticism for several years.  I understood the risk/volatility and invested conservatively.   


Since 2015, the Bitcoin ecosystem has matured considerably and I support a GBTC ETF.  Grayscale has been a great custodian over their digital assets - far better managed than the great majority of "traditional" assets in my portfolio. 


I urge you to approve the GBTC ETF.  Thank you! 

Sincerely, 

Earl Stevens 
Pleasant Grove, UT. USA