Company: PCAP
Filing Date: 2025-05-16
Form Type: CORRESP
Source: 0001213900-25-044964
Chunk: 0

Company: ProCap Acquisition Corp
Filing Date: 2025-05-16
Form: CORRESP
Chunk 0
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May 16, 2025

VIA EDGAR

Division of Corporation Finance

Office of Real Estate & Construction

United States Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

| Re: | ProCap Acquisition Corp            |
|     | Registration Statement on Form S-1 |
|     | File No. 333-286876                |

Ladies and Gentlemen:

Pursuant to Rule 461 of the General Rules and
Regulations of the U.S. Securities and Exchange Commission under the Securities Act of 1933, as amended (the “Securities Act”),
BTIG, LLC, as the representative of the underwriters of the offering, hereby joins the request of the Company that the effective date
of the above-captioned Registration Statement be accelerated so as to permit it to become effective on May 20, 2025 at 4:00 p.m., Eastern
time, or as soon thereafter as practicable.

Pursuant to Rule 460 of the General Rules and
Regulations of the Securities and Exchange Commission under the Securities Act, we, acting on behalf of the several underwriters, wish
to advise you that, through May 16, 2025, we distributed to each underwriter or dealer, who is reasonably anticipated to be invited to
participate in the distribution of the security, as many copies, as well as “E-red” copies of the Preliminary Prospectus dated
April 30, 2025, as amended, as appears to be reasonable to secure adequate distribution of the preliminary prospectus.

We have complied and will continue to comply with
the requirements of Rule 15c2-8 under the Securities Exchange Act of 1934, as amended.

| Sincerely yours, |                                                       |
| BTIG, LLC        |                                                       |
| By:              | /s/ Paul Wood                                         |
| Name:            | Paul Wood                                             |
| Title:           | Managing Director, Co-Head of SPAC Investment Banking |

| cc: | Anne Peetz, Reed Smith LLP                |
|     | Christian O. Nagler, Kirkland & Ellis LLP |