COINSHARES BACKS OUT OF $600M XRP AND SOL ETF COMPETITION
CoinShares, one of the leading cryptocurrency-focused firms, announced on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including those for XRP and SOL. Despite the withdrawal, demand for these major altcoins on Wall Street remains strong, with cumulative inflows for both XRP and SOL surpassing…