Updated: May 7
The U.S. Securities and Exchange Commission (SEC) has asked the public to comment on the Grayscale Spot Bitcoin ETF application. The best way to send comments is with an email. Below is the email address, subject line required, and a pre-filled out email body that can be used and submitted. You can also view this information on Grayscales website. https://grayscale.com/comment/
You can read current comments to the SEC here. https://www.sec.gov/comments/sr-nysearca-2021-90/srnysearca202190.htm
Comments due: prior to July 6th 2022
Craft your email following the instructions below:
Send email to:
Paste this in the Subject line of the email:
Paste this in the Body of the email:
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.
The ETF would more efficiently track the price of Bitcoin, while effectively eliminating premiums and discounts. Subsequently, Grayscale will reduce its management fees, that currently stand at 2%.
Approval will also allow for future conversion of the Grayscale Litecoin Trust (Symbol: LTCN), currently the world’s largest Litecoin fund, to the first Spot Litecoin ETF in the United States.
It is in my opinion that both Bitcoin and Litecoin exposure to investors is important as the world is adopting a global, private (outside of government), digital, rule-based monetary system that will benefit the United States and the world.
Thanks for considering my opinion.