Nasdaq files with the SEC for the 21Shares SUI ETF

📌 Nasdaq files with the SEC for the 21Shares SUI ETF, signaling strong institutional interest.

The move marks a major milestone for the SUI token, representing a spot exchange-traded fund (ETF) fully backed by a digital asset. . Sui

– The move marks a major milestone for the SUI token, representing a spot exchange-traded fund (ETF) fully backed by a digital asset.

The filing highlights the growing interest of institutional investors in SUI. Sui Network noted: “From $300 million in global ETP inflows to a possible US listing, institutional interest in Sui is palpable”. These impressive existing investments in European exchange-traded products (ETPs) indicate a strong demand for SUI from professional investors.

According to the network, the next key stage for Sui is “institutionalization”. The spot ETF, which is traded in the U.S., will greatly simplify access to SUI for traditional investors, giving them the ability to invest without directly owning the cryptocurrency. This could provide significant capital inflows from a wider range of investment funds and institutions.