CoinShares has withdrawn the filing regarding the staking Solana ETF submitted to the SEC

The asset management company CoinShares withdrew its application for a Solana staking exchange-traded fund (ETF) submitted to the U.S. Securities and Exchange Commission (SEC) on Friday.

According to documents submitted to the SEC, the proposed fund's structured transactions and asset acquisitions were never completed. The documents state: "The registration statement is intended to register shares proposed to be issued in connection with a transaction that ultimately did not occur. No shares are being sold under the registration statement, and no shares will be sold."