Subject: File No. SR-NYSEArca-2021-90
From: Timothy Kotzman
Affiliation:

May. 16, 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 have reviewed the latest presentation from Grayscale as presented to your agency this month and believe that the conversion is in the best interest of all US investors. 



Sincerely, 


Tim Kotzman 
New York, NY 






Tim Kotzman Founder & CEO
Jubilee Royalty


One World Trade Center #8500, New York, New York 10007