Why is CoinShares axing its XRP, Solana and Litecoin ETFs just days before its US debut?

CoinShares has abruptly withdrawn registration filings for its XRP, Solana-staking, and Litecoin ETFs, yanking three altcoin products just as it gears up for a highly anticipated Nasdaq listing through a $1.2 billion SPAC deal. The move, paired with the wind-down of a leveraged Bitcoin-futures ETF, shines a light on how fast US crypto-ETF consolidation is