Subject: GBTC conversion to Spot ETF File No. SR-NYSEArca-2021-90
From: Bruce Friedman
Affiliation:

Mar. 30, 2022

 



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


Please approve conversion of this instrument to a spot ETF. 

Goals: 
Reduce premium/discount to physical Bitcoin. 

Futures ETF already approved for Bitcoin. Adding spot ETF broadens investment options. 
Reduce fees for managing ETF (better for consumers). 






Bruce P. Friedman, M.D.