coin-img-MONADMONAD+5.44%coin-img-IRYSIRYS-14.09%coin-img-ETHETH-2.54%coin-img-BTCBTC-1.79%coin-img-UCNUCN+0.46%coin-img-SOLSOL-3.96%coin-img-XRPXRP-1.05%coin-img-USDCUSDC-0.04%coin-img-MONADMONAD+5.44%coin-img-IRYSIRYS-14.09%coin-img-ETHETH-2.54%coin-img-BTCBTC-1.79%coin-img-UCNUCN+0.46%coin-img-SOLSOL-3.96%coin-img-XRPXRP-1.05%coin-img-USDCUSDC-0.04%coin-img-MONADMONAD+5.44%coin-img-IRYSIRYS-14.09%coin-img-ETHETH-2.54%coin-img-BTCBTC-1.79%coin-img-UCNUCN+0.46%coin-img-SOLSOL-3.96%coin-img-XRPXRP-1.05%coin-img-USDCUSDC-0.04%coin-img-MONADMONAD+5.44%coin-img-IRYSIRYS-14.09%coin-img-ETHETH-2.54%coin-img-BTCBTC-1.79%coin-img-UCNUCN+0.46%coin-img-SOLSOL-3.96%coin-img-XRPXRP-1.05%coin-img-USDCUSDC-0.04%
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Jordan Lyanchev

CoinShares Withdraws XRP and Solana ETF Applications in U.S. Market

CoinShares has withdrawn all pending spot cryptocurrency ETF applications in the United States, including products tracking XRP, Solana, and Litecoin. The decision follows strong institutional demand, with XRP ETFs attracting over $660 million and Solana ETFs drawing approximately $620 million in net inflows since launch. CEO Jean-Marie Mognetti cited limited differentiation potential and constrained profit margins as the U.S. crypto ETP market consolidates around major institutions.
XRP
XRP-1.04%
SOL
SOL-4.03%
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