Subject: File No. SR-NYSEArca-2021-90
From: Mark Schnug
Affiliation:

May. 06, 2022

 



Hello- 


I am writing to encourage you to convert the Grayscale Bitcoin Trust to a spot bitcoin ETF. I purchased shares in this fund at a 20%+ premium and the fund now trades at a ridiculous 25% discount. Your inaction has been financially devastating to me and many other investors. Please take steps to promote fairness and security, instead of confusion and destruction. 



Thanks, 
Mark Schnug