Subject: File No. SR-NYSEArca-2021-90
From: John Connell
Affiliation:

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. 


I reside in Denver, Colorado, and have lived in several states and have been to many other countries throughout the world. When I visit abroad I think about the freedoms that the citizens of those countries have compared to ours. One of these freedoms that other countries enjoy is the ability to invest in crypto more freely than US citizens. They are allowed to invest in crypto ETFs. Canadiens have access to more means to build wealth and investments than us! How do we live in the land of the free when entities restrict the freedoms of our own citizens!? How are we leaders of the business world? We must allow pur citizens to invest in crypto as crypto continues to be the next technological revolution. Imagine the world without the industrial revolution, the computer age, or the internet! It makes no sense to stifle this next stage either! 

I have been trading crypto, even utilizing crypto in various activities of my life. I know the value of crypto for society because I've been seeing it first hand. 


Allow ETFs and crypto to be traded! 

Sincerely, 


John Conne