Subject: “File No. SR-NYSEArca-2021-90”
From: John P. Rutledge
Affiliation:

May. 06, 2022

 


Good morning. 


I write to request that the Grayscale Bitcoin Trust (GBTC) be immediately approved for conversion to ETF, as that would significantly reduce the fees I'm paying to invest in a closed end fund, would add liquidity to the BTC markets (ensuring less volatility), and because there is significant market demand for a spot Bitcoin ETF product. 


Thank you.