Jun. 29, 2022
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe. 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 based in Florida and have established a trust for my 2 year old grandson which he will receive when he is 18. I fully understand the short term volatility of Bitcoin but based on the fixed supply and halving cycles I believe it makes sense to include an allocation in my grandsons portfolio. Unfortunately, because GBTC is a trust not an ETF it has picked up a negative premium. I have no interest in investing in synthetic financially engineered products that reference Bitcoin. We want to be invested in the digital commodity itself. Please do the right thing for my grandson*** Sincerely, *** Robert Louden***