May. 10, 2022
To whom it may concern, I am writing to request that I would like GBTC to be converted to an ETF. For some time now, only Bitcoin trusts and Bitcoin Futures ETFs have been offered. Neither the trusts nor the Futures ETF offer investor the same security as a spot ETF. They are subject to much higher volatility. A spot ETF (including converting GBTC into an ETF) would support and protect investors like myself much better. Thank you,