May 22, 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. Serious investors expect and welcome reasonable regulation of digital currency assets. A spot ETF is an important step by allowing safe investing in Bitcoin by all. Bitcoin and other digital currencies are here. Let us have the opportunity to invest in a platform with less risk. The sooner we get to mainstream adoption, the sooner we curb wild price swings by elites’ manipulation. Sincerely, John Davis Grayscale retail investor, WA State