May 12, 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’m an investor from Virginia who is seeking ways to get access to / exposure to Bitcoin’s potential upside and value creation. There will be many more people like me who want an alternative monetary network for maximal freedom and store of value. Please help us by approving the GBTC a conversion to spot ETF, correcting a dramatic discount in prevailing price to NAV. Sincerely, Frank