Subject: File number SR-NYSEArca-2021-90
From: Angelo Gershon
Affiliation:

May. 07, 2022

Secretary Genslar

I am an investor in the grayscale bitcoin fund. I would like for the trust to be converted into an ETF so that it accurately tracks the market value of the asset the trust currently holds. Right now- if I need to sell my share of GBTC- there is >20% discount which can be avoided if it were an ETF. In the other hand- it’s great to be buying bitcoin at a discounted price but I would rather buy and sell at the market price.

Thank you.

Angelo Gershon
Durham, NC

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