Subject: File No. SR-NYSEArca-2021-90
From: Amir Eliav
Affiliation:

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. 

My name is Amir Eliav, 33 years old from Los Angeles, California. Engaged to my beautiful girlfriend and want to start a family soon. We both have good paying jobs, combining approx $150K p/year and we are no where near being able to settle down, buy a house and have kids financially wise. Student debt and rising prices are a lethal combination.  


We are entering the prime years of our lives after decades of Inflation, bad monetary policy by central bankers, fiscally undisciplined politicians from both sides of the isle increasing our country’s deficit, huge corporations influencing legislators in DC in their favor, biggest demographics shift since the 1950's, and many more components that made it almost impossible for me, my fiancé and my generation in general to start a prosperous and productive lives.  


Bitcoin represent the change i'm yearning for. For me Bitcoin is hope. I appreciate your concern but the only honest way you can protect investors like myself, is to approve a spot bitcoin ETF so more institutions can get exposure to bitcoin and help preventing groups of interest from fight us in DC by giving a clear message regarding this new asset class.  

Sincerely, 
Amir Eliav