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

Mar. 31, 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.

The GBTC Bitcoin Trust Fund is a well established fund dating back to 2016 and deserves to be converted into a spot ETF

Sincerely,
Fred C. Steck III