Subject: File No. SR-NYSEArca-2021-90
From: Dean Grulke
Affiliation:

Apr. 14, 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. 

***[PLEASE WRITE YOUR THOUGHTS IN HERE, INCLUDING WHICH STATE YOU RESIDE IN – THANK YOU FOR YOUR SUPPORT]*** 

Sincerely, 
*** [YOUR NAME] *** 
We are looking for GBTC to become an ETF. 
Why would you approve an ETF based only on the futures trading of an asset. 
That looks like gambling. Basing an ETF on the actual product would be a great plan in my opinion. 
Thank you for reading this post. 
Please have yourself a blessed day! 
Dean Grulke from Michigan