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. It’s clear that Blockchain technology is here to stay and that Bitcoin is the cornerstone of that technology. The Grayscale Trust (GBTC) has years of data and successful market exposure lending itself to be an asset that the public wants to and should be able to invest in. Due to tight protections and regulations for US investors, we have been left behind in many aspects compared to the rest of the world. With the successful nature of the Grayscale Bitcoin Trust over the years, it’s time to give US investors the ability to invest in an asset class that has clear historical performance and investor protections. Sincerely, Sujay Darji