Subject: File No. SR-NYSEArca-2021-90
From: Matt Manolides
Affiliation:

Apr. 22, 2022

 


Hello, 


I would like to voice my support for the creation of a Bitcoin ETF, specifically the proposed conversion of Grayscale's Bitcoin product to an ETF. 


I think this would be an important step in making Bitcoin, and the larger crypto space, a more legitimate and regulated financial asset. Other countries are approving Bitcoin Spot ETFs, I suspect that US companies will lose market share in this nascent market if the US does not update its rules to stay competitive in the global marketspace. 


Sincerely, 
Matt Manolides