Subject: File No. SR-NYSEArca-2021-90
From: Israel Figueroa
Affiliation:

Apr. 12, 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 think it is embarrassing that the US is falling behind the likes of Canada and Brazil in approving a Bitcoin Spot ETF.  It is also  shady that multiple futures ETFs were approved before a spot ETF was approved.  The logic does not pass mustard.
V/R
Israel Figueroa



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