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The Securities and Exchange Commission (SEC) announced that Cboe BZX Exchange, Inc. has proposed a rule change to allow the listing and trading of shares in the Franklin XRP Fund under a specific rule for Commodity-Based Trust Shares. This fund, known as the Franklin XRP ETF, intends to offer investors a way to gain exposure to XRP, a digital asset, in a regulated exchange-traded format, and it highlights measures to ensure protection against fraud and market manipulation. The proposal argues that XRP's market characteristics make it resistant to manipulation, thus meriting exemption from certain regulatory agreements. Public comments on this proposal are being solicited and will be reviewed by the SEC before making any final decisions.

The Securities and Exchange Commission is considering a proposal by The Nasdaq Stock Market LLC to list and trade shares of the CoinShares XRP ETF under Nasdaq Rule 5711(d). This proposed rule change would allow the exchange to offer a new exchange-traded fund (ETF) that is designed to track the performance of the digital asset XRP. The ETF aims to provide investors an easy and cost-effective way to gain exposure to XRP without directly investing in the cryptocurrency itself. The SEC is seeking public comments on whether this proposal aligns with the rules and regulations set out by the Securities Exchange Act of 1934.

The General Services Administration (GSA) is seeking public comment on extending an existing information collection to improve customer experience with government services, as required by the Paperwork Reduction Act. The initiative aims to boost customer satisfaction by aligning government service standards with those of the private sector. Comments are invited on the necessity and efficacy of the information collection, as well as on minimizing the respondent burden. The deadline for submitting comments is February 14, 2025, and they can be submitted via regulations.gov.

The U.S. Department of Defense (DoD) has announced a proposed sale of military equipment to India, which includes 31 MQ-9B Sky Guardian aircraft and various other defense systems. The total estimated value of the sale is $3.99 billion, aiming to enhance India’s ability to conduct surveillance and reconnaissance missions. This sale is intended to bolster the strategic relationship between the U.S. and India and support security in the Indo-Pacific and South Asia regions. The transaction will not negatively impact U.S. defense readiness and does not require U.S. personnel to be stationed in India.

The Department of Defense has announced a proposed arms sale to the Republic of Türkiye. This transaction includes the purchase of 40 new F-16 aircraft and the modernization of 79 existing F-16 jets, along with various related equipment, for an estimated cost of $23 billion. The sale supports U.S. foreign policy by enhancing Türkiye's capabilities, enabling it to better protect its airspace, participate in NATO missions, and maintain compatibility with U.S. and NATO forces. The sale will not affect the U.S. military balance, and the primary contractor will be Lockheed Martin.

The Institute of Museum and Library Services has submitted an information collection request for the 2021-2023 Native American Library Services Enhancement Grants Program to the Office of Management and Budget (OMB). The program aims to support Native American libraries by enhancing digital services, educational programs, and preservation efforts. The agency seeks public comments to evaluate the necessity, accuracy, and burden of the proposed information collection. Eligible applicants are Indian tribes, and the grants will help improve library services for diverse and underserved communities.

The Department of Housing and Urban Development (HUD) is inviting public comments on a new proposed information collection aimed at improving customer services. As required by the Paperwork Reduction Act of 1995, the notice allows for 60 days of public input on the proposed data gathering effort. The information collection seeks to enhance the customer experience with government services, similar to private-sector standards, using a variety of methods such as surveys and interviews. The public is encouraged to provide feedback on the necessity of this data collection, its estimated burden, and suggestions for improving its effectiveness and minimizing its impact on respondents.

The Securities and Exchange Commission announced that NYSE Arca, Inc. has proposed a new rule to list and trade shares of the Bitwise Dogecoin ETF. The ETF aims to provide exposure to Dogecoin by holding it as its sole asset, and it will not use derivatives that could introduce additional risks. The trust's Net Asset Value (NAV) is determined daily based on a benchmark price of Dogecoin. The proposal outlines the ETF's compliance with financial regulations and seeks public comment before the SEC makes a decision on approval.

Nasdaq Stock Market LLC filed a proposed rule change with the SEC to list and trade shares of the CoinShares Litecoin ETF under Nasdaq Rule 5711(d), which focuses on Commodity-Based Trust Shares. The CoinShares Litecoin ETF will allow investors to gain exposure to Litecoin, a digital currency. The proposal outlines how the ETF will operate, including its investment objective, valuation, and security measures for safeguarding the digital currency. The SEC is seeking public comments on this proposed rule change before making a decision to approve or disapprove it.

The Department of Defense (DoD) has announced a new arms sales notification to Congress, detailing enhancements to defense technology being sold to Japan. The upgrades include advanced radar, electronic warfare, and communications systems, with a total estimated value increase from the previous notification. These systems will help Japan strengthen its self-defense capabilities and support U.S. foreign policy goals in the Asia-Pacific region. The notification underscores the strategic importance of the U.S.-Japan alliance.