Subject: File No. SR-NYSEArca-2021-90
From: Daniel Horst
Affiliation:

May 23, 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.
A Spot Bitcoin ETF would allow investors like me to:
Diversify my investment portfolio into the world's most popular cryptocurrency Invest in a product that directly tracks the price of Bitcoin without having to hold Bitcoin Own crypto in the same way I own many other investable assets Stack sats like a boss Sincerely,
Satoshi Nakamoto