coin-img-MONADMONAD-12.58%coin-img-ETHETH-5.63%coin-img-BTCBTC-5.22%coin-img-UCNUCN+0.79%coin-img-SOLSOL-7.00%coin-img-XRPXRP-6.66%coin-img-USDCUSDC+0.04%coin-img-DOGEDOGE-8.28%coin-img-MONADMONAD-12.58%coin-img-ETHETH-5.63%coin-img-BTCBTC-5.22%coin-img-UCNUCN+0.79%coin-img-SOLSOL-7.00%coin-img-XRPXRP-6.66%coin-img-USDCUSDC+0.04%coin-img-DOGEDOGE-8.28%coin-img-MONADMONAD-12.58%coin-img-ETHETH-5.63%coin-img-BTCBTC-5.22%coin-img-UCNUCN+0.79%coin-img-SOLSOL-7.00%coin-img-XRPXRP-6.66%coin-img-USDCUSDC+0.04%coin-img-DOGEDOGE-8.28%coin-img-MONADMONAD-12.58%coin-img-ETHETH-5.63%coin-img-BTCBTC-5.22%coin-img-UCNUCN+0.79%coin-img-SOLSOL-7.00%coin-img-XRPXRP-6.66%coin-img-USDCUSDC+0.04%coin-img-DOGEDOGE-8.28%
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Zack Abrams

CoinShares Withdraws SEC Filings for XRP, Solana, Litecoin ETFs Amid $1.2 Billion SPAC Merger

European digital asset manager CoinShares has withdrawn its U.S. Securities and Exchange Commission registration applications for spot cryptocurrency ETFs covering XRP, Solana, and Litecoin. The company submitted Form RW withdrawal requests on November 28, 2024, as it prepares for a public listing through a $1.2 billion SPAC merger with Nasdaq-listed Vine Hill Capital. CoinShares, which oversees approximately $10 billion in digital assets, cited limited differentiation opportunities in single-asset cryptocurrency ETF offerings given market concentration among major financial institutions including BlackRock, Fidelity, and Grayscale.
XRP
XRP-6.66%
SOL
SOL-7.00%
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