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

Feb. 23, 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. 
Sincerely, 
Joseph Fedele 
 
Joseph Fedele
Senior Investment Adviser