<ul><li>21Shares has filed for an ETF proposal directly tied to the Sui blockchain's native token, potentially joining major crypto assets like Bitcoin and Ethereum in the ETF market.</li><li>The proposal was submitted by Nasdaq's Senior Associate General Counsel Sun Kim via Form 19b-4, marking an initial step toward potential approval by the SEC.</li><li>If approved, the 21Shares SUI ETF would provide investors with indirect exposure to SUI through traditional financial markets, boosting mainstream awareness of the Sui network.</li><li>This filing reflects the growing institutional interest in diversifying investments beyond Bitcoin and Ethereum into next-gen blockchain platforms, amidst a wave of recent ETF momentum in the crypto space.</li></ul>

21Shares Files for SUI ETF With Nasdaq

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