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

This is a much safer way for myself and others to access Bitcoin in a familiar and non complicated way. Bitcoin futures are far more complicated than I am accustomed to.

If the SEC wants to protect investors as it says then an ETF is the best option.

Please grant GBTC ETF status.

From the great state of Georgia

Sincerely,

Michael Kane