Subject: File No. SR-NYSEArca-2021-90
From: Faraz Qureshi
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.

I am a NY resident and believe a spot ETF will give me better exposure at a lower cost. As you know, other countries already have this product. Let’s not be laggards, we should be leading!

Sincerely,
Faraz Qureshi