Subject: File No. SR-NYSEArca-2021-90
From: David Stewart MD
Affiliation:

Feb. 28, 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.

1).   Trading BTC on the stock exchange is energy friendly as no BCT has to move just stock
2).  BTC is secure when custody By Greyscale
3) Transactions are easy to search by using exchange houses records
4) Taxs are easy to figure out
5) Criminal elements dissuaded from involvement in such a highly visible trading environment.
6) USA needs to be at the front of the web3 change not lagging  behind


Sincerely,

David Stewart MD
Gainesville, Florida