Apr. 24, 2022
Hello, I am writing to request the SEC approve the GBTC conversion to a spot Bitcoin ETF. I am an investor that wants exposure to a spot BTC product in my retirement account and not a futures derivative offering. It would be far safer for retirement account investors to be able to buy a spot BTC product through a regulated ETF offering like Grayscales than to try and navigate the treacherous waters of a checkbook LLC and using crypto exchanges. It's clear that the public wants a spot BTC ETF and the alternative options are very risky. Please consider approving this and protecting investors. Thanks, Tony Grazio