Subject: File No. SR-NYSEArca-2021-90
From: Aaron Fenker

February 23, 2022

I fully support changing Grayscale's BTC Trust into a BTC spot ETF. The US will continue to fall behind in the world of finance without a BTC spot ETF. Canada has several, Germany, Switzerland, Australia, Belgium, Brazil, and this list will go on. We are the leading economy in the world, but won't be for long if the SEC doesn't allow a BTC spot ETF, which many other western nations have allowed. Hard to be a leader from behind. Where the money goes, there goes power.