Subject: File No. SR-NYSEArca-2021-90
From: Kyle Wallon
Affiliation:

Feb. 24, 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. 

The argument that the SEC continues to deny a Spot Bitcoin ETF in order to protect investors is a farce. Why does Canada have one and not the US? I don’t understand why Canadian regulators are ok with one but not the US. Bitcoin has been around for more than 12+ years. It’s time.  


Please approve this ETF.  

Sincerely, 
*** Kyle Wallon ***