SOL News: Planned Staked SOL ETF Stopped Before Launch, SEC Confirms
The post SOL News: Planned Staked SOL ETF Stopped Before Launch, SEC Confirms appeared on BitcoinEthereumNews.com.
CoinShares withdrew its staked SOL ETF application from the SEC. The fund’s underlying transaction was never completed. Asset manager CoinShares withdrew its Securities and Exchange Commission (SEC) application. This was for a staked Solana exchange-traded fund (ETF) on Friday. The structuring deal and asset purchase behind the proposed fund were never completed. This is according to the SEC filing. It states: “The Registration Statement was seeking registration of shares to be issued to close a transaction which was ultimately not effectuated.” No shares had been sold, or would be sold, pursuant to the above-mentioned Registration Statement.” CoinShares Withdraws Staked Solana ETF Application Binance reports that on November 29, 2025, asset manager CoinShares withdrew its application for a Solana (SOL) staking Exchange Traded Fund (ETF). It was removed from the US Securities and Exchange Commission (SEC). Solana’s recent price is $142.98 as of November 29, 2025. Data from November 29 indicates fluctuations. The reason for withdrawal specified in the filing was that the registration of the ETF was for a transaction that never took effect. No shares were sold. The move came in spite of the fact that there are other Solana staking ETF products trading in the U.S. These were launched by firms such as REX-Osprey, Bitwise. They are attracting a lot of investment. However, CoinShares pointed out that the price of SOL was doing poorly at the time. Related Reading: SOL ETF News: Grayscale Unveils Solana Trust ETF with Integrated Staking Rewards | Live Bitcoin News In late 2025, a host of altcoin ETFs were launched. These included some Solana ETFs. This was after the SEC’s approval of a “Universal Listing Standard.” This gave a “fast track” to certain crypto assets. Some Solana staking ETFs are trying to offer staking rewards to users. They have already been trading since…
