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. There is no reason to have a futures-based bitcoin ETF and not a spot-based bitcoin ETF. It's unclear who is being protected by this decision besides the CME. I am a Florida resident. Sincerely, Mike Komaransky