Subject: File No. SR-NYSEArca-2021-90
From: Nancy Snowman
Affiliation:

May. 09, 2022

As a Grayscale Bitcoin Trust shareholder, I support Grayscale's application to convert Grayscale Bitcoin Trust (OTCQX:  GBTC) to a Spot Bitcoin ETF.

This change would allow for trade in line with the NAV, vs. trading at a premium or a discount.

N. Snowman
TD Ameritrade Shareholder