May. 04, 2022
Please allow GBTC to convert to an ETF. Myself and many others have portions of our 401ks and IRAs we'd like to invest in a bitcoin ETF. I recently invested in a BTC IRA via Gemini and IRA Financial Trust, only to have my account hacked and my BTC stolen. A BTC ETF run by Grayscale would provide the protection and security consumers need to get exposure to BTC without the risk of losing their BTC investment to hackers, because GBTC has cold storage of their BTC, not in hot wallets like a BTC IRA via IRA Financial trust or Gemini. Please allow GBTC to convert to an ETF ASAP. Thank you! Robby DeNicola