Feb. 27, 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. A spot Bitcoin etf would allow me to invest in a fund that tracks the price of Bitcoin without actually having to go through the hoops of setting up the special accounts to buy and hold Bitcoin. I don’t understand why I can buy funds that track most assets but not Bitcoin? A spot Bitcoin etf would allow me to invest in crypto like I invest in gold or other investable assets. Why force us to invest differently in Bitcoin? Please take action to allow Grayscsle Bitcoin Trust to convert to a Bitcoin ETF. I am a resident of Ohio. Thank you for your consideration and action in this matter and help to level the playing field for investing in Bitcoin! Kind regards, Sally Raney Mason, Oh