Subject: File No. SR-NYSEArca-2021-90
From: Caroline & Tom Westphal
Affiliation:

May. 07, 2022

I am an investor in Grayscale Bitcoin Trust. It is not right that currently it is not appropriately and fairly valued because of its discount to NAV. PLease allow the security to be converted into an ETF for more proper and fair pricing for us investors. Caroline & Tom Westphal E Trade account holders