Subject: File No. SR-NYSEArca-2021-90
From: Chris Hochschild
Affiliation:

Apr. 22, 2022

 


As a holder of GBTC, I would like to see it converted to an ETF as soon as possible. It is time for a bitcoin spot ETF to be approved in the United States. Many other foreign countries have already approved spot ETFs and there is already a futures based ETF that trades in the US. The spot ETF will be good for liquidity by broadening the universe of investors who can purchase the product and will result in lower management fees to shareholders. Thanks