The post CoinShares ends bid to launch XRP, Solana, and Litecoin ETFs in the US appeared on BitcoinEthereumNews.com. Key Takeaways CoinShares has withdrawn its registration filings for three crypto ETFs tied to XRP, Solana, and Litecoin. The move comes as CoinShares intends to list on Nasdaq. CoinShares, Europe’s leading digital asset investment firm, on Friday filed with the SEC to withdraw 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 ETP manager and the top player in Europe with 34% market share. Several spot XRP ETFs have debuted in the US this year, including offerings from REX-Osprey, Canary Capital, Bitwise Asset Management, and Grayscale Investments. These funds have collectively accumulated over $800 million in assets under management. US-listed Solana funds have likewise shown steady, positive results. Source: https://cryptobriefing.com/coinshares-solana-staking-etf-withdrawal/The post CoinShares ends bid to launch XRP, Solana, and Litecoin ETFs in the US appeared on BitcoinEthereumNews.com. Key Takeaways CoinShares has withdrawn its registration filings for three crypto ETFs tied to XRP, Solana, and Litecoin. The move comes as CoinShares intends to list on Nasdaq. CoinShares, Europe’s leading digital asset investment firm, on Friday filed with the SEC to withdraw 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 ETP manager and the top player in Europe with 34% market share. Several spot XRP ETFs have debuted in the US this year, including offerings from REX-Osprey, Canary Capital, Bitwise Asset Management, and Grayscale Investments. These funds have collectively accumulated over $800 million in assets under management. US-listed Solana funds have likewise shown steady, positive results. Source: https://cryptobriefing.com/coinshares-solana-staking-etf-withdrawal/

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more