Apr. 23, 2022
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. It is about time SEC approved a spot ETF, so common folks feel comfortable to invest. Makes no sense to delay the approval. If it is safe for Canadians and Australians, it should be safe for us US investors too. Thanks for your attention on this matter. Sincerely, -Arun Kumar