CoinShares Withdraws Applications for XRP, Solana, and Litecoin ETFs

CoinShares has officially withdrawn its ETF applications for XRP, Solana, and Litecoin in the U.S., citing unmet SEC operational requirements outlined in recent filings. This decision reflects a broader trend of regulatory hurdles for staking-based exchange traded funds (ETFs). CoinShares’ withdrawal underscores the challenges faced by the crypto investment space as it continues to navigate the SEC’s stringent guidelines. )