Subject: File No. SR-NYSEArca-2021-90
From: Mike Masland
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.

We need to bring crypto spot products mainstream rather than fight them. We can be leaders in this space by approving ETHE and GBTC conversions.


Sincerely,
Mike Masland