Subject: File No. SR-NYSEArca-2021-90
From: Jerry Olinski
Affiliation:

Jun. 07, 2022

Dear SEC,
I am severely underwater with the 30% discount on GBTC. I am 66 years old and would ask that you could support the spot ETF so that I may recover my losses.
I believe it’s you that is supposed to protect us and not hurt us. Why have a futures ETF without a spot one…it simply just does not make sense! Futures are manipulated!
Jerry Olinski

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.