Apr. 22, 2022
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. Having multiple futures ETFs and no SPOT ETF makes ZERO sense, and you all know it. An ETF of derivatives has more risk, expenses, and tracks the underlying asset poorly. I am located in Connecticut and look forward to a prompt action from the SEC to ACTUALLY look after investors and approve GBTC, and many others, as spot ETFS. Sincerely, Dan Champagne