Subject: File No. SR-NYSEArca-2021-90
From: John Riedel
Affiliation:

Apr. 06, 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.

BEcause the SEC has approved a btc futures etf registered under the ‘33 act, it seems logical to approve a spot etf registered under the ‘33 act.  I am hopeful the US will be a leader regarding it’s treatment of bitcoin as a unique and advantageous asset for ALL Americans.

Sincerely,
John Riedel