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. 


Why has the SEC only allowed futures etf and not a spot? Is this because the SEC wants naked shorting on bitcoin to help to drive down the price and manipulate it. While withholding spot etf to stop bitcoin being bought up? I think an investigation into why so many bitcoin etfs have been denied should be conducted. I like many others are concerned with SEC integrity right now and the SEC needs to do better! 
Sincerely, 
Joshua Nicholls