Subject: File No. SR-NYSEArca-2021-90
From: Raymond Walsh
Affiliation:

Apr. 07, 2022

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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.

An ETF based directly on BTC would be a convenient way for the average investor to gain some exposure to this important emerging asset.

Sincerely,
Raymond Walsh
San Jose CA