Subject: File No. SR-NYSEArca-2021-90
From: Lou Dellarosa
Affiliation:

Jun. 26, 2022

 




Dear SEC,


My name is Lou Dellarosa from Larkspur, California and I’m writing to request that you please approve Form 19b-4 which allows the conversion of GBTC to a spot Bitcoin ETF. This would provide exposure to Bitcoin for retail investors who want physically-backed Bitcoin as apposed to a Bitcoin futures ETF. A spot Bitcoin ETF would also make it more convenient for investors who may not be inclined to self-custody their Bitcoin. It’s time the US catch up with other countries that have already implemented a spot Bitcoin ETF.


Thank you.
Sincerely,
Lou Dellarosa