May. 15, 2022
Re: File No. SR-NYSEArca-2021-90 Rel. No. 34-93504 Notice of Filing of Proposed Rule Change to List and Trade Shares of Grayscale Bitcoin Trust (BTC) under NYSE Arca Rule 8.201-E (November 2, 2021) Ms. Vanessa Countryman Secretary Securities and Exchange Commission 100 F Street NE Washington, DC 20549-0609 Dear Ms. Countryman: Today, I write as a shareholder who is in favor of approving the Form 19b-4 that NYSE Arca filed with you to convert Grayscale Bitcoin Trust (OTCQX:GBTC) into a Bitcoin Spot ETF. Bitcoin has proven time and again over the course of its 13-year lifespan to be the world's first and only fully decentralized form of digital property. While the asset class is novel, it has proven itself to be reliable and resilient to a degree that few if any other assets have ever achieved. It is uniquely stable The unavailability of a Bitcoin ETF Matt Hempey