Subject: File No. SR-NYSEArca-2021-90
From: Herbert Shaughnessy
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 am writing from the state of Massachusetts, and believe that the conversion of GBTC to a Spot Bitcoin ETF is an imperative and monumental necessity to allow retail investors and institutions the trusted exposure into the marketplace that is deserved.

Sincerely,
Herbert Shaughnessy