Subject: We need a Spot Bitcoin ETF
From: Richard Sowa
Affiliation:

Jun. 23, 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 am a retired financial advisor and an advocate for ETFs and crypto. I currently own a portion of the Grayscale Bitcoin Trust and would like to see the trust become an ETF and a more effective investment. Please allow Grayscale to convert and become the Spot Bitcoin ETF we need. I live in Washington State. 

Sincerely, 
Richard S. Sowa, former CFP/CFS/Series 7, 63, 65 licensed financial advisor