Apr. 07, 2022
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. Dear SEC and friends, Please stop delaying the conversion of GBTC to a spot ETF. Youre interfering with the product I purchased whose roadmap is to be a spot ETF. 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 have grown frustrated with your delays and tactics used to avoid this issue. I purchased this product and have been very frustrated with it because its not directly attached to market price. I want it converted to a spot ETF so that it becomes directly attached to free market price. I do not want futures and I do not want other products or synthetics that dont refect the free market price of BTC. Please step out of the way. Please stop delaying. Sincerely, Gary Heinonen Louisville KY