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 believe that the time is right for a BTC ETF because of proven world-wide adoption of this new asset class. Grayscale has also proven themselves to be a competent and trustworthy fund provider in the space. With the huge amount of BTC they hold for current clients (myself included), I believe they are the ideal candidate to get approval for a spot BTC ETF. Please seriously consider approving the conversion of the Grayscale Bitcoin Trust to a Spot Bitcoin ETF in the United States. Sincerely, Oliver Carbonell