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. Hello, I believe it is responsible policy to allow a Bitcoin spot ETF. This would allow the asset to mature into an even better investment/asset. The technology that comes from the Bitcoin network is incredible and will change humanity for the better. Do not be on the wrong side of history here. The United States is looking at a fiat system bailout. Please allow this to happen, of course responsibly. Sincerely, Zachary Biedscheid, Student, USMC Veteran Eastern Washington University