Subject: File No. SR-NYSEArca-2021-90
From: Lawrence Emanuele
Affiliation:

May 12, 2022

Dear SEC, To whom it may concern,

I know no decision has been made regarding a Spot ETF on “Bitcoin”.
I am a shareholder in the Greyscale “GBTC” trust.
Changing the Trust to an ETF would give everyone a chance at owning the
commodity (BTC) at a fair price without using Dex’s etc. 
The futures ETF seem to help in manipulating BTC price. (my opinion)
Canada, Australia and many European countries have had spot Bitcoin ETF’s
for a few years now and they seem to be working out well.

Thank you,
L. Emanuele