Subject: File No. SR-NYSEArca-2021-90
From: Leandro Pienasola
Affiliation:

Feb. 22, 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. 
The United States is falling behind other countries at an astounding rate when it comes to digital currencies regulations and investment channels. I have most of my portfolio in digital currencies and by not allowing an ETF you are directly hurting me as an investor. A Bitcoin ETF it has been shown that it would help stabilize the BTC price hence reducing volatility and market manipulation.
Sincerely, 
Leandro Pienasola