Mar. 21, 2022
Please approve the Grayscale Bitcoin Trust (ticker symbol: GBTC) fund conversion to a spot bitcoin ETF. Investors are getting absolutely screwed by the high fees of futures-backed ETF's like GBTC. We need a spot-backed ETF to protect individual investors like myself from these outrageous fees. Many other countries have approved spot-backed bitcoin ETF's, please do not let the U.S. fall further behind. Best regards, David Hughes