Subject: File No. SR-NYSEArca-2021-90

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. 

As a resident of Utah - I'm disappointed the only bitcoin etf is based on futures and forces investors to lose money through contango.  Please approve a spot bitcoin etf. 

Sincerely, 
Jordan Hughes