Subject: File No. SR-NYSEArca-2021-90
From: Lisa Ponfick
Affiliation:

May. 06, 2022



To the SEC:

I write to you as a GBTC shareholder, in support of the conversion of Grayscale Bitcoin Trust (OTCQX: GBTC) to an ETF. By not approving this conversion, you are not protecting me, the investor. You are actually making things worse for me.

I’m writing from Helena, Montana, and I am thankful for the opportunity to express my view to you and with the hope and expectation that you will approve this conversion and protect the interest of investors.

Sincerely,

Lisa Ponfick