CoinShares withdraws SEC filing for staked Solana ETF

CointelegraphFriday, November 28, 2025 at 8:59:00 PM
CoinShares withdraws SEC filing for staked Solana ETF
  • CoinShares has officially withdrawn its filing with the SEC for a staked Solana ETF, a decision made amid a fluctuating market for cryptocurrency exchange-traded funds (ETFs). Analysts had previously anticipated the launch of more Solana ETFs by 2025, driven by increasing investor interest in yield-bearing opportunities through staking and network validation.
  • This withdrawal is significant for CoinShares as it reflects ongoing regulatory challenges faced by the firm in the U.S. market, particularly concerning the approval of cryptocurrency ETFs. The decision may impact investor confidence and the firm's strategic direction in the evolving cryptocurrency landscape.
  • The broader context reveals a mixed sentiment in the cryptocurrency market, with Solana ETFs experiencing substantial inflows of $369 million in November, contrasting with significant outflows from other cryptocurrency ETFs. This divergence highlights the shifting investor preferences towards yield-bearing assets, while also indicating potential volatility and challenges within the overall market structure.
— via World Pulse Now AI Editorial System

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