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Grayscale Sui Trust Opens to Accredited Investors

  • Grayscale Sui Trust is an investment fund investing in Sui, like other Grayscale's trusts.
  • It has only been a few months and the fund has already secured $11 million in assets under management.
  • The fund is now open to accredited investors who are high net worth individuals.
  • Accredited investors are a small percentage of US households with more than $1 million net worth or more than $200,000 in income annually or other specialised knowledge.
  • Grayscale charges a 2.5% management fee to manage the Sui Trust fund.
  • Investors have a choice to make between buying the Grayscale Sui Trust or going direct and buying the $SUI token.
  • For investors who need a licensed product like an IRA or 401(k) plan, Grayscale Sui Trust is the right option.
  • Investors who prefer control over their investments and get airdrop benefits should get a Sui-compatible wallet and buy the token.
  • Grayscale Sui Trust's opening to accredited investors is bullish for institutional interest.
  • It opens up the institutional market and accredited individuals for buying Sui, and is a significant plus for Sui's ecosystem.

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