Subject: File No. SR-NYSEArca-2021-90
From: Joshua Smith
Affiliation:

May. 10, 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. 

The mere fact a futures ETF exists before a spot was and is irresponsible and does not have investors best interests in mind. Hence the SEC is not doing its job by continuing to block the spot ETF. My name is Joshua Smith and I reside in Ohio.

Sincerely, 
Joshua Smith