Subject: File No. SR-NYSEArca-2021-90

Mar. 22, 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 want to be able to invest in a spot Bitcoin ETF because it provides me with another investment option.  An option I believe will inevitably become widely accepted.  In addition, such a ETF could ultimately provide a better yield than a traditional fund.  Without that option I’m limited.  The current array of investment vehicles expose me to just as much if not more risk.

I reside in the state of Washington. Please consider approving this and ALL Bitcoin Spot ETFs!  Our economy needs this.  We investor’s need this!


Sincerely,
William Mitchell