Breaking development in the crypto ETF space: CoinShares just pulled the plug on their Solana staking ETF registration. The asset manager officially withdrew the filing, marking a significant shift in their product strategy. This move raises questions about the regulatory landscape for staking-based ETF products. Was it compliance concerns, market conditions, or strategic repositioning? Either way, it's a notable retreat from what could've been a groundbreaking product in the SOL ecosystem.

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0xTherapist

· 10h ago

CoinShares has directly backed down, and the Solana ecosystem loses another good asset... The regulatory knife is still too sharp.

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DogeBachelor

· 21h ago

CoinShares is really scared, it still can't get over the compliance hurdle, and the Solana ecosystem loses another good thing.

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RugResistant

· 11-30 15:20

ngl, the regulatory uncertainty around staking etfs has been sketchy from the start. coinshares likely sniffed out some serious compliance landmines before going public with it. gotta respect that they didn't force a broken product through tho.

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MEVVictimAlliance

· 11-29 01:59

Solana has been abandoned again; this track is really competitive.

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Rugman_Walking