Mar. 07, 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. If I can trade 3x leveraged ETFs on a range of commodities and sectors, and I can trade a structurally disadvantaged BTC futures ETF, I don't see why a spot ETF is such a stretch. Thanks for your consideration. Sincerely, Steve Straughn San Diego, CA