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Nasdaq Files with SEC for 21Shares SUI ETF, Signaling Major Institutional Momentum

  • Nasdaq has filed with SEC for 21Shares SUI ETF, indicating significant institutional interest in the SUI token, making it a spot ETF backed by the digital asset.
  • The substantial investment in European-style ETPs reflects a growing institutional appetite for exposure to SUI, with over $300M in global ETP inflows and a potential U.S. listing.
  • The filing signals a shift towards institutional adoption for SUI, with the U.S.-listed spot ETF expected to attract traditional investors by reducing barriers to entry and facilitating exposure without directly holding cryptocurrency.
  • This move places SUI among major cryptocurrencies seeking regulated investment products in the U.S. market, potentially setting a precedent for other digital assets looking to access the vast U.S. ETF market.

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