Subject: File No. SR-NYSEArca-2021-90
From: Anthony Clay
Affiliation:

Mar. 12, 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.

As a US born citizen, Washington state resident, and US Navy veteran I’ve been able to thrive in the greatest country on earth due to my freedom of choices. Being able to decide my own path and take my own risk has allowed me to bring prosperity to myself and those dear to me.

As a college student utilizing my GI Bill benefits I choose to study electrical engineering, but after discovering Satoshi Nakamoto’s Bitcoin white paper and falling down the rabbit hole, I changed my major to economics. Recently I obtained my first internship at a wealth management office in Seattle. I will hopefully have a long and prosperous career helping individuals manage their wealth. This new found calling was due to me discovering Bitcoin and it was the freedom to make that choice which I hope to impart on future clients. More options benefit consumers, and the SEC does no one any good by restricting those options under the guise of protection.

Thank you,
Anthony Clay