Subject: File No. SR-NYSEArca-2021-90
From: Fred Kong
Affiliation:

Mar. 08, 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. 
GBTC as a ETF in my opinion will safe guard investors in the Premium and Discount that GBTC price variations.  Ultimately this will protect investors.  
Sincerely, 


 
Frederick H. Kong 
IT Manager

Musick, Peeler & Garrett LLP