May 12, 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 have invested and trade GBTC for a long time with great success . However it’s not fair to an investor that GBTC is trading at a perpetual large discount. Converting to an etf would open up opportunities for a large swath of the population to get involved in Bitcoin which in my opinion and many others is an asset that is here to stay and will continue to revolutionize the finance industry and benefit the average retail investor just like the internet did. Sincerely, Jens pilegaard Los Angeles California