Subject: File No. SR-NYSEArca-2021-90
From: Nathan Davis
Affiliation:

Apr. 07, 2022

 

Hello! 


I'm a citizen of Washington State, and I'm writing to express my most sincere desire that you approve the GBTC -> ETF conversion. It would allow me to diversify my 401k and I believe be a significant positive impact to my family's financial future in this time of uncertainty and turmoil in the world. I do feel much safer holding a BTC spot ETF than some of the other approved ETFs on the market (e.g., inverse 3x tech SQQQ and other leveraged and derivative based instruments -- including Bitcoin futures based ETFs). I'm not an expert, but am very hopeful this conversion gets approved. I do appreciate the work you do to help keep investors safe! 


Thanks for considering this issue and my thoughts about it :-) 


Nathan Davis 
Washington State resident