Subject: Approve Bitcoin ETF - File No. SR-NYSEArca-2021-90
From: Noah Cooper Harris
Affiliation:

Feb. 25, 2022

 


Hello, 


I'd like to voice my concern that investors do not yet have a spot Bitcoin ETF. There's no excuse at this point and it saps your credibility daily. 


There are far more volatile ETFs, there are far more esoteric ETFs, there are far lower volume ETFs, there are more highly leveraged ETFs. There is no precedent for your refusal to approve one of the plethora of highly credible applications that have come across your desk. You're harming consumers immeasurably, forcing them into inefficient products with massive divergences from the underlying price. Further, you're disincentivizing people from taking advantage of their retirement accounts. 


Please stop harming the American saver. 


Thank you, 
Noah Harris