Apr. 08, 2022
Good Afternoon, I am writing to express my opinion that the Grayscale Bitcoin Fund (GBTC) should indeed be converted to an ETF. Among other reasons …. When GBTC is approved to convert to an ETF by the SEC, a few key things would change: It would uplist from OTCQX to the New York Stock Exchange The ETF would more efficiently track the price of Bitcoin, effectively eliminating premiums and discounts Grayscale would reduce management fees for GBTC Thank you for you consideration of this matter. David DIstel