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CoinShares Halts XRP Solana Litecoin ETFs

CoinShares Withdraws Crypto ETF Filings Amid Nasdaq Listing Plans

  • CoinShares has withdrawn registration filings for three crypto ETFs linked to XRP, Solana, and Litecoin.
  • The withdrawal aligns with CoinShares’ intention to list on Nasdaq.
  • Several spot XRP ETFs have launched in the US this year, accumulating over $800 million in assets under management collectively.
  • US-listed Solana funds have shown steady positive results.

CoinShares has halted plans for crypto ETFs tied to XRP, Solana, and Litecoin as it focuses on a Nasdaq listing. Despite this shift, existing XRP ETFs have amassed significant assets, with US-listed Solana funds also performing well.

Source (3.2)https://cryptobriefing.com/coinshares-solana-staking-etf-withdrawal/?rand=59535
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