May. 08, 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 more secure to have a spot ETF than to have the current system of manipulation. It is your responsibility to care for the individual investors and I trust you will make the right move. Sincerely, Thomas Pfeiffer