Subject: File No. SR-NYSEArca-2021-90
From: Michael Walston

Mar. 05, 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 believe that an  ETF Would serve the American investor better a spot price would establish value instead of a free for all,  In my option.  
 
Sincerely,