Subject: File No. SR-NYSEArca-2021-90
From: Daniil Savelyev
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. 

I, as an investor, am interested in convenient, US-based ETF fund to invest in Bitcoin cryptocurrency, cheap (with low management fees) & safe. I'm currently located in Russia & there is no legal investment vehicle to do so - so I use the US-based GBTC fund currently for this option. Would like you to allow the conversion of GBTC fund to ETF. 

Sincerely, 
Daniil M Savelyev