Subject: File No. SR-NYSEArca-2021-90
From: Eric Mautner
Affiliation:

Apr. 09, 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.

The US is still the global center of gravity for innovation.  Let’s keep it that way by removing the bottleneck of government regulation from innovation.  As surely as water flows downhill, investment in innovation won’t wait years for political appointees do their jobs and pass crypto regulation.  Rather, innovation investment will flow out of the country to jurisdictions with more amenable regulators.. and sadly, this is already happening.

To the exponentially growing crypto community who will decide if history judges you as heros or villains, the mystery surrounding your lack of progress in approving a spot Bitcoin ETF smells more like corruption with every Nth denied Bitcoin Spot ETF application.

Do the job that taxpayers are paying you for and get this done!!!

Sincerely,
Eric Mautner



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