Subject: File No. SR-NYSEArca-2021-90
From: M.M.
Affiliation:

May 6, 2022

As an investor, I'm asking the SEC to Approve conversion of GBTC to a Spot Bitcoin ETF. 



- GBTC is backed by real Bitcoin (BTC). 
- Converting to an ETF will remove the unnecessary and harmful deviations from the underlying price (discounts and premiums). 
- Converting to an ETF will eliminate tracking errors that result in a negative material effect on thousands of American citizens' lives. 


The U.S. market and investors had been READY for a Bitcoin Spot ETF 



I trust the decision-makers at the SEC to approve the conversion. 


Thank you