Jun. 17, 2022
***[PLEASE CUSTOMIZE WITH YOUR VIEWS ON THE CONVERSION, INCLUDING WHICH STATE YOU RESIDE IN – THANK YOU FOR YOUR SUPPORT]*** Dear SEC, Please approve a spot Bitcoin ETF. I Understand you want to protect investors. However I do not see how you can allow leveraged inverse ETF’s and not a basic spot Bitcoin ETF. Please, please approve this. I am a husband and father of two. I understand the risk I am taking here/ This year, GBTC has traded at an approximately 23% discount to its NAV, which means the price of GBTC is less than the price of its underlying assets, Bitcoin. With approximately $30 billion in AUM, that results in approximately $7.5 billion of trapped value from existing U.S. investors. Sincerely, Taylor Guterson