Apr. 22, 2022
Hello, I want GBTC to be converted to an ETF as it reduces management fees that I'm paying to access an investment that otherwise isn't available. It's unfair to US citizens and taxpayers that the SEC allow cryptocurrency-based futures contracts to the public - a lower quality investment vehicle for individual investors. Why is this allowed? How are you protecting everyday citizens by doing this? I believe this goes against the SEC's mission as an organization "to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation". We want bitcoin and other cryptocurrency based ETFs to be available on the market as spot based ETFs. Thank you, Peter H.