Feb. 27, 2022
I saw an ad by Grayscale soliciting contacts with the SEC about the failure of the SEC to permit the registration of ETFs holding bitcoin. I have not seen any explanation by the SEC for this failure other than apparently to allow an ETF that holds futures. Why the distinction? I own a small amount of GBTC mostly for interest to follow crypto currency and for investment purposes. It helps me diversity my portfolio and allows me to have an investment that tracks Bitcoin without the attendant issues of actually holding bitcoin. I though the purpose of the SEC as the protection of investors particularly by disclosure not prevention of investment vehicles. I hope you get an over flowing support the position to allow registration. Thanks Charles Lerner