Subject: File No. SR-NYSEArca-2021-90
From: Asif J. Ahmed, MD
Affiliation:

Jun. 20, 2022

Dear SEC,

I am a physician in my 60s.  I work on Iowa and I am in favor of approving the Form 19b-4 that NYSE Arca filed with you to convert Grayscale Bitcoin Trust (OTCQX: GBTC) – the world’s largest publicly traded BTC fund.

This year, GBTC has traded at an approximately 25% discount to its NAV.  This has locked my assets.  This is not fair.

I would NEVER buy a futures. BTC ETF as roll costs are too high.  I am a long term investor and I want to invest in BTC.

I have no opinion about the rest of Crypto but please approve the BTC spot ETF.

Sincerely,
Asif J Ahmed, MD