Subject: File No. SR-NYSEArca-2021-90
From: Jake Le
Affiliation:

Mar. 16, 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. 

I am currently hold GBTC in some of my IRA accounts.  However, it's in limited because the fund is only in the OTC market.   Having a Spot Bitcoin ETF will provide me with more opportunities in my retirement account.  


Other countries already have Bitcoin ETF.  But the US markets are behind in this crypto technology. 

Please allow the GBTC conversion to an ETF. 

Sincerely, 
Jake Le