Subject: File No. SR-NYSEArca-2021-90
From: Ray Kamel
Affiliation:

May. 09, 2022

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. 

Everyday more and more investors want the exposure to the asset not as a future but as a spot ETF. We are late in the game after multiple spot ETFs are launched worldwide. As a leading country I personally encourage you to this important step in the market right now. 








Regards;

Ray K.