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, 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 only thing you are achieving by delaying the inevitable Spot Bitcoin ETF is forcing investors into more expensive and less efficient financial products. Your initial hesitance was perhaps understandable, your continued refusal is now negligent. Approve a Spot BTC ETF now. Sincerely, Alonso Reig Cambridge, MA