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

May. 07, 2022

Good morning, 


Please consider efforts to convert GBTC to an ETF. It would cause shares, trading at a discount, to trade in line with NAV, because GBTC as an ETF would allow for simultaneous creations and redemptions. The SEC should approve GBTC for conversion to an ETF and allow investors a choice over which product best meets their investment needs. To do otherwise would go against the SEC’s core mission of protecting investors. 


Thank you. 


Elizabeth Flood -- 

Warm regards, 
Beth Flood