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

Mar. 01, 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. 

I believe that approval of this Bitcoin etf would allow regular investors like myself an early opportunity to hold an asset for the best return in the future. As well many countries already have proven that their Bitcoin etf to be safe and effective. It will be regulated by you and they will then need to stay in compliance which would allow us to know it’s safer then holding underlying assets.  

Sincerely, 
Michael Bender  


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