May. 06, 2022
To whom it may concern, Citizens of the United States deserve an accessible way to invest in bitcoin that shares the same execution rails that they're already familiar with. GBTC is a clumsy mechanism for bitcoin investment, but currently constitutes the best available option for those who lack the knowledge or will to go to an exchange and hold their own digital assets. A spot ETF would provide a more accessible and intuitive way for US citizens to gain exposure to the asset class. There is enough readily available information for people to make their own investment decisions; please do what's right and remove this barrier to accessibility. Regards, Mike -- Mike Augustine Owner, Ascend Personal Training