Jun. 18, 2025
Dear Securities and Exchange Commission, I am writing as a concerned and hopeful individual investor to respectfully urge the SEC to approve the pending application(s) for a spot XRP ETF, such as the one filed by Franklin Templeton. Over the past months, the SEC has demonstrated remarkable progress by approving spot ETFs for several digital assets, including Bitcoin and Ethereum. These decisions have expanded access to regulated crypto investment products and signaled a maturing approach to the digital asset space. XRP, like these other major digital assets, has established deep market liquidity, widespread adoption, and institutional interest. It is supported by a strong community and plays a critical role in real-world financial use cases such as cross-border payments and liquidity sourcing. Given that the U.S. judicial system has already ruled that XRP is not a security in secondary market transactions, and recognizing the increasing demand for equal investor access to major crypto assets, I sincerely urge the Commission to give fair and timely consideration to XRP ETF applications. A spot XRP ETF would provide transparency, investor protection, and market stability—just as it has with other approved crypto ETFs. I believe the SEC’s approval of such a product would further enhance the legitimacy and innovation of U.S. financial markets. Thank you for your time and attention to this matter. I appreciate the SEC’s ongoing efforts to regulate digital assets responsibly and in the interest of investors like myself. Sincerely, Josh Peterson!