Mar. 08, 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. With a Bitcoin futures ETF already approved in the US, it doesn’t make sense NOT to allow a pure spot ETF based on the underlying bitcoin asset. The US is already behind other countries, such as Canada, in the approval of a spot bitcoin ETF and is being left behind. We deserve an ETF to be able to invest for the future. Sincerely, Ricardo Luis Reis