Subject: File No. SR-NYSEArca-2021-90
From: ES Cooley
Affiliation:

Mar. 09, 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.

The big question to me is why not?  The SEC should work for the people not the other way around.  Limiting peoples choices should not be the SEC charter.  So why not then?  Have Grayscale provide the necessary education information to investors for them to make an informed choice and then let them choose to or not to invest in a spot Bitcoin ETF.

Sincerely,
Scott Cooley