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. Not allowing a "SPOT" ETF for the public to invest in and to approve a futures based ETF instead is ASS BACKWARDS.... Your actions have actually had a negative effect on protecting the public from market manipulation, but have instead allowed the big hedge funds and VC's to take advantage of market swings and contango future options trading... Please get out of the way and allow "The free markets" to work freely. Sincerely, David Kay