Mar. 22, 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. Why hasn’t a spot Bitcoin ETF been approved yet? Things are starting to look unethical on that front, you have approved a futures based ETF, but not a spot one. That is very strange, could you please give a logical reason for this. Exactly what are you waiting for before you approve one? It has something to do with the big banks, doesn’t it? The American people are getting tired of this. A response to this email, would be most welcome. Sincerely, Joseph Gordon