Subject: File No. SR-NYSEArca-2021-90
From: Michael Peters
Affiliation:

Feb. 22, 2022

 


It is time for a spot Bitcoin ETF and GBTC appears to be the best candidate as they already have several years experience running the trust. It will free existing investors stuck with the large discount to NAV, allow Grayscale to reduce fees, and provide an alternative to the inferior futures ETF - all wins for investors.