Subject: Approve Grayscale ETF File No. SR-NYSEArca-2021-90
From: Phil Steele
Affiliation:

Mar. 28, 2022

 


Dear SEC, 
I have retirement funds in my IRA in the Grayscale Trust, and the value is being artificially suppressed (at far below NAV) because of the delay in allowing Grayscale to convert to a less-expensive structure as an ETF. 

This delay is causing my retirement funds to suffer and lose value. 

Please approve the ETF conversion for the millions of us who want full value in our retirement funds. 

Sincerely, 
Philip Steele 
North Carolina