Subject: File No. SR-NYSEArca-2021-90
From: John Hawley
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.

I need the balance in my portfolio that a Grayscale ETF would provide. There is always risk with investments and I can make that determination myself. Please give me the freedom to invest in a Bitcoin ETF so that I don’t have to open up another brokerage account to purchase Bitcoin directly.

Thank you.

Sincerely,
John Hawley