Subject: SR-NYSEArca-2021-90
From: James Cho
Affiliation:

May. 07, 2022

Subject: File No. SR-NYSEArca-2021-90 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.
A Spot Bitcoin ETF would allow investors like me to:
Diversify my investment portfolio into the world's most popular cryptocurrency Invest in a product that directly tracks the price of Bitcoin without having to hold Bitcoin Own crypto in the same way I own many other investable assets Additional thoughts: I have held GBTC for over a year. I would like the GBTC to track the spot price of BTC. I think that the SEC should maximize my freedom while protecting me from harmful products. The current state of GBTC is currently being limited by the SEC. 
I am a resident of the state of __Nevada__
Sincerely,


jamescho