May 24, 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. Bitcoin is a unique, growing asset class that has effectively served as a store of value for those who have held over a period of time and not traded actively. Bitcoin has a growing track record of history and adoption by regulated US financial institutions. The creation of the first spot Bitcoin ETF will be a great step forward for America to become a global leader and beneficiary of the generationally-important innovation. I live in Connecticut and appreciate your consideration. Sincerely, Jonathan Melton