Subject: File No. SR-NYSEArca-2021-90
From: Mike Treacy
Affiliation:

Jun. 01, 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. 
...the invention of digital assetts is totally new and totally different from all historically accepted assets...an innovation of securities regulation should go hand in hand with technological innovations like crypto currencies...why will the united states leave the #1 spot due to mismanagement of needed rugulatory innovations?...ripple left the united states...how much more innovation must leave before you have satisfied your ego selves enough... 

Sincerely, 
Mike Treacy