Subject: File No. SR-NYSEArca-2021-90
From: Patrick A. Gaughan
Affiliation:

May. 15, 2022

Dear SEC,

As a Florida resident I write to you as a GBTC shareholder.

I am very disappointed that the SEC is dragging its heals in approving GBTC’s conversion to an ETF.  I am a CFO of a large family office and have dealt with Wall Street my entire career.  By converting to an ETF, individual investors will be protected from some of the wild trading volatility initiated  by Wall Street's hedge funds and futures trading firms.

Thank you in advance for listening to us individual investors  encouraging you to level the playing field for us investors.

Thank you for your assistance,

Patrick A. Gaughan