The post CoinShares Halts Solana Staking ETF Amid Strong SOL Inflows appeared on BitcoinEthereumNews.com.

CoinShares has halted its plans for Solana staking, XRP, and Litecoin ETFs in the US, shifting focus amid a slowing altcoin market. Meanwhile, existing Solana ETFs continue to attract strong inflows, highlighting investor confidence in SOL despite broader challenges. CoinShares withdraws Solana staking ETF application as competing SOL funds report significant inflows, underscoring robust demand for Solana exposure. CoinShares cancels XRP and Litecoin ETF filings, prioritizing strategic initiatives over entering a weakening altcoin sector. Solana ETFs have amassed over $613 million in inflows recently, with data from Bitwise showing rapid accumulation of SOL tokens, signaling potential price momentum. CoinShares halts Solana, XRP, Litecoin ETFs amid altcoin slowdown, but SOL funds thrive with massive inflows. Discover impacts on crypto markets and investor strategies now. What is CoinShares’ Decision on Solana, XRP, and Litecoin ETFs? CoinShares has officially withdrawn its applications for a Solana staking exchange-traded fund (ETF), as well as separate filings for XRP and Litecoin ETFs in the United States. This move, announced through filings with the Securities and Exchange Commission (SEC), comes just months after initial submissions and amendments. The decision reflects a strategic pivot by the firm, which manages over $10 billion in assets and holds a dominant 34% share of Europe’s crypto exchange-traded product (ETP) market, amid evolving market dynamics in the cryptocurrency sector. While the exact reasons for the withdrawals remain undisclosed, industry observers point to the intensifying competition in the Solana ETF space and a broader softening in altcoin performance. CoinShares’ actions halt the potential launch of these products, which would have expanded its US footprint following a planned merger with Vine Hill Capital. Investors watching the ETF landscape will note that this leaves room for other issuers to advance their proposals, particularly for XRP, where multiple funds are nearing approval. Why Did CoinShares Withdraw…

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Filed under: News - @ November 30, 2025 1:16 am