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

May. 08, 2022

Dear SEC, 

I’m writing to support the conversion of Grayscale Bitcoin Trust (Symbol: GBTC), currently the world’s largest Bitcoin fund, to the first Spot Bitcoin ETF in the United States. 

I am a Puerto Rico resident who has followed this case closely for the last several years. It appears to be counter to the SEC's stated mission to continue to approve futures-based ETFs while rejecting spot ETFs. 

Sincerely, 
Adam Nili