CoinShares Halts Plans for XRP, Solana, and Litecoin ETFs After SEC Filing

CoinShares has withdrawn its proposals for exchange-traded funds (ETFs) based on XRP, Solana, and Litecoin. This decision follows a recent Securities and Exchange Commission (SEC) filing that reveals the company’s response to a competitive market landscape. The firm’s strategy shift reflects a recalibration of its ETF ambitions in light of evolving market dynamics and regulatory conditions.