CoinShares withdraws its SEC filing regarding staking Solana ETFs.

Odaily Planet Daily reports that asset management firm CoinShares officially withdrew its application to the U.S. Securities and Exchange Commission (SEC) on Friday for a staked Solana ETF. The filing shows that the registration statement was originally intended to register shares related to a ultimately unsuccessful transaction; no shares were actually sold, and no future sales will be made under the statement. Previously, REX-Osprey and Bitwise launched staked SOL ETFs in the U.S. in June and October of this year, respectively. Although these ETFs attracted over $369 million in inflows in November, the price of SOL has recently been weak, hitting a five-month low of around $120. (Cointelegraph)