May. 10, 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. Netflix dropped from $700 to $175 in 4 months. Bitcoin preformed better over the same time period. Holding off on Bitcoin spot ETFs is not protecting investors, and is quite strange. From the state of Georgia. Sincerely, Chris