Subject: File No. SR-NYSEArca-2021-90
From: Scott Clark
Affiliation:

Mar. 14, 2022



To whom it may concern,

GBTC should be converted to a spot ETF. Your job is investor protection. Giving investors only the option to own BTC through futures with a roll premium or trust with a 30% discount to Nav is not protecting them, it is allowing for exploitation of them.

Step it up SEC. Regulators all around the world are allowing BTC spot etf offerings.

All the best and thank you for your service.

Scott Clark