Subject: “File No. SR-NYSEArca-2021-90”
From: Enrique Posner
Affiliation:

Apr. 22, 2022

 


To whom it may concern at the SEC: 


Please allow GBC to convert into an ETC. In so doing you will allow holders of this instrument to accurately track the underlying price of Bitcoin. 


Your prior approval of a derivative instrument that is far more volatile and of lesser interest to investors serves to demonstrate that you must allow direct trading into the underlying. 


Thank You, 


Enrique