Subject: File No. SR-NYSEArca-2021-90
From: Ryan Drum
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 argument the SEC makes against the spot etf does not seem to hold water given all the other facts and evidence in consideration. Ima resident of Illinois.

Sincerely,
Ryan Drum