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CoinShares ends bid to launch XRP, Solana, and Litecoin ETFs in the US
CoinShares, Europe’s leading digital asset investment firm, on Friday withdrew its registration statements and amendments for three crypto exchange-traded products, including the CoinShares XRP ETF, CoinShares Solana staking ETF, and CoinShares Litecoin ETF, concluding its bid to bring them to market. The move follows CoinShares’ September disclosure of a $1.2 billion merger with Vine Hill Capital Investment aimed at taking the company public on Nasdaq. It’s unclear why the firm chose to scrap its US ETF plans. CoinShares manages about $10 billion in assets, making it the world’s fourth-largest digital asset ... (full story)
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