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. It seems there is an ETF for everything including those with up to 3x leverage and inverse etfs. Why not a bitcoin ETF? An ETF for Bitcoin futures has been approved and not sure why that is approved but not a spot Bitcoin etf. I live in Ohio and would very much appreciate the option to invest in a spot Bitcoin ETF. Sincerely, Thomas Fote