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. 

If there can be spot ETFs for gold, oil, etc. I see little reason why there cannot be one for Bitcoin, Ethereum, and other crypto assets.  This would provide much needed legitimacy and liquidity to these markets. 

Sincerely, 
Scott Steimle