Subject: File No. SR-NYSEArca-2021-90

Mar. 29, 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. 

***A futures base trust makes no sense. Allow the gbtc ticker to become an ETF backed by Bitcoin. Whether we like it or not, Bitcoin is a new store of wealth, not a commodity]*** 

Sincerely, 
*** Lisa Ramsay] ***