Subject: File No. SR-NYSEArca-2021-90

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.

Your private approval of a futures ETF on bitcoin actually encourages consumers to enter into a much more riskier and fee based investment. You’re not serving the general public with your decision.
Please stop looking out for your Wall Street buddies and actually look out for the public.

Sincerely,
Mike Whitner