Subject: File No. SR-NYSEArca-2021-90
From: Joe E. Strawn Jr.
Affiliation:

May. 06, 2022

Dear SEC,

I am a GBTC shareholder from Texas who supports the conversion of Grayscale Bitcoin Trust (OTCQX: GBTC) to an ETF.
Having held shares of the trust for a while, I have experienced both premiums and discounts in the value of shares. It is unnerving to own shares that do not represent a fair representation of the intrinsic value of the shares which should be corrected by the conversion of the trust to an ETF. I hope you will approve this conversion.

Sincerely,
Joe E. Strawn Jr.