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ETF Approval Boosts Sui Price 9%

Sui Price Rises as 21Shares Files for ETF

  • 21Shares filed for a Sui ETF in the U.S.
  • The filing named Coinbase as a custodian for investor funds.
  • Sui’s price increased by 9% to $3.69 following the announcement.
  • Sui’s price has risen 80% over the past 14 days, but remains below January’s peak of $5.35.
  • Canary Capital filed for a similar Sui ETF in March, with plans to list on Cboe.

The recent filing by 21Shares for a Sui ETF in the U.S., which named Coinbase as custodian, led to a 9% increase in Sui’s price to $3.69.

Source (2.6)https://decrypt.co/317330/sui-price-pops-8-21shares-seeks-sec-approval-for-etf?rand=52368
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