Subject: File No. SR-NYSEArca-2021-90
From: Markus Stobbs
Affiliation:

Apr. 12, 2022

 


Dear SEC, 


I’m writing to support the conversion of Grayscale Bitcoin Trust (Symbol GBTC), which I am an investor in, to be a spot Bitcoin ETF in the United States. 


Your prioritization of approving crypto futures before spots has been a great disappointment for me as an investor who wants access to actual crypto assets, not derivatives, through my regular brokerage accounts without the high expense ratios and trading fees I currently pay on the OTC market. 


Please allow this transformational technology of blockchain and cryptocurrency to take its rightful place alongside other assets in our financial landscape. 


Sincerely, 
Mark Stobbs 
Boulder, CO