May. 11, 2022
Hello, Today I reach out and wholly confirm my support for the conversion of GBTC to a spot ETF. Spot ETFs are already available in other markets, and shareholders in the US (and FLORIDA where I reside) should have the same access to this type of financial instrument. The market globally has spoken and a Bitcoin ETF is the simplest an most sensible way to support investors so that they have may access to Bitcoin as easily as any other ETF on the market today. An ETF provides a clear, equitable, and solution along with inventory protections, and regulatory oversight. Thank you. -Ted Smoot