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

May. 08, 2022

Dear U.S. Securities and Exchange Commission,

I am writing you to give you my opinion on the application Grayscale has submitted to convert GBTC to a spot traded ETF. 

I believe you are doing more harm to investors like myself by failing to approve the conversion. 

Please approve the conversion.

Thank you, 




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