Subject: File No. SR-NYSEArca-2021-90
From: Joseph McDevitt
Affiliation:

Apr. 22, 2022

 


Hello as a small retail investor, looking to grow my 401k, it is prudent to enable Grayscale to onvert GBTC and ETHE to an ETF to enable the price to track properly. Right now it operates at a huge loss compared to spot, and this is not prudent to investors. 

The product can track perfectly, all you need to do is protect us consumers and make a proxy an actual ETF please.

God bless,

Joseph McDevitt, MBA, CTB
Director of Sales & Marketing