Subject: File No. SR-NYSEArca-2021-90
From: Rodger Mohme
Affiliation:

May. 10, 2022

Please approve the conversion of the Greyscale Bitcoin Trust (GBTC) to an ETF. 


A trust is more complex and impractical compared to an ETF and does not always track the net asset value of Bitcoin (e.g, there can be a material premium or discount). I would appreciate investing in Bitcoin (or Ethereum) similar to the way in which I invest in a ETF.