May 24, 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. As a resident of Tennessee I am 100% behind the idea of having a spot Bitcoin ETF available for investors. While I understand the SEC wants to protect investors there are plenty of other shady companies they can investigate and delist that are currently being traded. We're talking about a digital currency with legitimate use and functionality that has been utilized since 2010, and in the mainstream since 2015. It's time to approve an ETF and let investors have a choice where to invest their capital. Sincerely, Martin Scott