Apr. 23, 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. With respect, I question your intentions in delay of approval for the spot Bitcoin ETF in the US. My concerns may, or may not be justified however your delay begs the question, why other jurisdictions successfully deploy while you deny application after application? Sincerely, Timothy French