Apr. 23, 2022
Dear SEC, I write from California in support of the conversion of Grayscale Bitcoin Trust (OTCQX: GBTC) to an ETF. By blocking all Bitcoin ETFs, you push investors to more complex or more expensive alternatives - or you drive them to use the blockchain directly, which comes with its own perils. As a 'retail' investor, I can't understand your position. Sincerely, Adam