Mar. 28, 2022
Dear SEC, You have been delaying the acceptance of Bitcoin spot ETF, with the justification that you are trying to protect the retail investor. In reality, you're hurting us by forcing us into inferior products that don't accurately track the underlying asset that we want exposure to. Please do right by us retail investors and stop delaying the inevitable; Accept Grayscale's request to convert into a Bitcoin spot ETF. Thank you for your time, Philip Johnson