Apr. 4, 2025
April 4, 2025 Re: Support for Approval of Proposed Hedera ETF To the Honorable Commissioners and Staff of the U.S. Securities and Exchange Commission: I am writing to respectfully express my strong support for the approval of the proposed Hedera-based Exchange-Traded Fund (ETF). I deeply appreciate the SEC’s thoughtful review process and commitment to protecting investors while fostering innovation in the U.S. financial markets. The opportunity to consider a Hedera ETF is both timely and significant, providing investors with access to a unique and responsible digital asset with unmatched technological capabilities. Hedera Hashgraph has established itself as a leader in distributed ledger technology through its groundbreaking consensus mechanism, which offers extraordinary transaction speed, fairness, and energy efficiency. Unlike traditional blockchains, Hedera’s Hashgraph technology is not only faster and more scalable but also dramatically more sustainable—delivering a carbon-negative network that aligns with global environmental goals. Equally impressive is Hedera’s world-class governance model. Its Governing Council is composed of a diverse and global group of highly respected organizations across various sectors—including technology, finance, energy, and academia—each bringing expertise and oversight to the network’s evolution. This decentralized, rotating governance framework provides stability, transparency, and strategic foresight rarely seen in the digital asset space. The approval of a Hedera ETF would expand safe and regulated access to this promising technology, allowing investors to participate in its growth through a familiar and trusted financial instrument. It would also demonstrate continued U.S. leadership in responsibly integrating innovative financial technologies into mainstream markets. I applaud the SEC’s commitment to ensuring a fair and thoughtful evaluation process and sincerely appreciate your consideration of this proposal. I urge the Commission to approve the Hedera ETF and open the door to greater investor choice, enhanced market transparency, and access to one of the most technologically advanced and well-governed digital networks in existence today. With appreciation and respect, Michael L. Lange North American Conservation Partners website: txcpartners.com