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 reside in the State of Georgia and support the conversion of GBTC to a Spot Bitcoin ETF because: - It would favorably uplist from OTCQX to the New York Stock Exchange. - The ETF would more efficiently track the price of Bitcoin, effectively eliminating premiums and discounts. - Grayscale would reduce management fees for GBTC. Sincerely, Michael Hartnett