Apr. 22, 2022
Dear Sir/Madam, I really appreciate if you can accept GBTC to convert to an ETF due to the following reasons: 1. It is now under a great discount which does not reflect the real value that I have paid. By converting to ETF, it is reasonable and fair to all shareholders. 2. By converting to ETF, the management fee will be greatly lowered and beneficial to us as small shareholders. 3. Trading as an ETF with real Bitcoin backup is considered safer for us. Thank you very much for your kind consideration. Best regards, Cecilia Hung Shareholder of GBTC