Subject: File No. SR-NYSEArca-2021-90
From: Marcus Kessler
Affiliation:

Apr. 07, 2022

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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 United States was founded on the basis of certain unalienable rights, amongst them life, liberty and the pursuit of happiness.

Approving Bitcoin Future ETFs, but not Bitcoin Index ETFs, is a denial of Liberty and the pursuit of happiness. It is impossible that any law could mandate that complicated financial instruments that normal people cannot handle, are the only ones that get approved. Even more dumbfounding that other countries, as close as Canada, have approved bitcoin index ETFs, but they are being denied to people in the USA.

Nor can I imagine that the SEC has the intent to hinder this country’s chances in regards to worldwide financial competitiveness.

Sincerely,
Marcus Kessler