Subject: File No. SR-NYSEArca-2021-90 - Opposition for reason of fraud/manipulation
From: Andrew Herger
Affiliation:

Mar. 08, 2022

 


Dear SEC, 
I’m writing to oppose the conversion of Grayscale Bitcoin Trust to the first Spot Bitcoin ETF in the United States.  I'm also opposed to the creation of any Spot Bitcoin ETF.
There remains significant fraud in the crypto token markets.  Independent, unregulated entities (e.g. Tether) are able to issue (print) tokens (US dollar equivalents) and manipulate the price at will.
Sincerely, 

Andrew Herger