According to @CoinMarketCap, CoinShares has withdrawn plans to issue a Solana staking ETF, an XRP ETF, and a Litecoin ETF amid a wave of ETF listings, and will focus on higher-margin business opportunities, source: CoinMarketCap on X, Nov 29, 2025. For traders, this removes CoinShares as a near-term issuer for SOL, XRP, and LTC ETF products and narrows the immediate ETF pipeline for these assets, source: CoinMarketCap on X, Nov 29, 2025. Actionable takeaway: track alternative issuer activity and timelines while recalibrating expectations for ETF-driven catalysts in SOL, XRP, and LTC following CoinShares’ Solana staking ETF withdrawal and related changes, source: CoinMarketCap on X, Nov 29, 2025.

According to the source, Bitwise is reportedly launching the Bitwise Solana Staking ETF (ticker: BSOL) today with 100% spot SOL exposure and positioning it as the first U.S. ETP of this type (source: user-submitted social media post dated Oct 28, 2025). Traders should treat this as unverified until confirmed via Bitwise Asset Management’s official newsroom and an SEC filing on EDGAR before taking positions or adjusting hedges (source: Bitwise Asset Management; U.S. SEC EDGAR).

According to the source, ETF analyst Nate Geraci said several Solana (SOL) staking ETF applications could receive U.S. approval by mid-October; source: Nate Geraci, X (September 2025). Eric Trump separately stated that USD-pegged stablecoins could help preserve the U.S. dollar’s global strength; source: Eric Trump, X (September 2025).