Mar. 14, 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 resident of the state of Virginia and citizen of the United States, I fully support the GBTC and all forms of the spot market in the cryptocurrency industry. It is inexcusable for the SEC to allow trading on the futures market which relies on leverage and liquidations but not support the Grayscale Bitcoin Trust - Spot Bitcoin ETF. The limitations the SEC puts on its citizens do NOT help us instead they HARM us as we watch our friends, family, and even complete strangers in other countries participate in financial oppurtunities in the cryptocurrency industry that you deem “illegal” even though there is no harm done to anyone, no victims, just Adults being able to make their own financial decisions. If we are truly free in this nation then let us be free to do what we please with our own finances that WE THE PEOPLE work hard for. Sincerely, Jre