CoinShares’ XRP ETF Withdrawal: A Shift in the Tide for XRP?

Remi Relief (@RemiReliefX) has sparked renewed interest in XRP by highlighting CoinShare’s withdrawal from its SEC-filed XRP exchange-traded fund (ETF) application. His analysis suggests a potential shift in market dynamics as he notes that the company seems to have withdrawn before major asset managers like BlackRock and Fidelity enter the race. This move, according to Remi, may be strategic as it clears space for larger issuers with greater resources.