Mar. 03, 2022
Dear SEC, America was built on freedom of choice and the rights of the individual. There are 1000s of types of investments available and all come with risks. Some “legal” investments that have been approved by the SEC are soaked in risk. Approving a Greyscale BTC Spot ETF is not one of those. Bitcoin is an accepted, legal investment throughout most of the free world. The riskier futures based BTC ETFs are already in the market. There is ZERO reason not to approve the most trusted brand when it comes to approving a BTC Spot ETF. Greyscale has operated it’s BTC Trust for years without any issues and they have fully complied with all legal reporting, etc. They hold the most BTC in their coffers and it makes total sense to approve the most respected brand for the first Spot ETF. I encourage you to rapidly approve their application so investors have the choice. Bitcoin offers financial independence for everyone regardless of their sex, race, political affiliation, job status, etc. The Spot ETF will make BTC actually backed by BTC for everyone in a fair market. It’s quite frankly, a better way to own BTC than going through the exchanges. It will allow millions of investors the ability to have some exposure via their 401k, IRA, etc. Don’t delay! Approve the Greyscale BTC Spot ETF today! Regards, Steve