Grayscale Launches Sui Trust for Simplified SUI Token Exposure

TL;DR Grayscale Investments has launched the Grayscale Sui Trust, providing institutional-grade access to the SUI token without direct ownership. The trust, managing $12.88 million in assets, offers a simplified route for investors to participate in the SUI ecosystem, with shares tracking the SUI price minus fees and expenses. Despite the launch, SUI’s price dropped 12% ... source: https://crypto-economy.com/grayscale-launches-sui-trust-for-simplified-sui-token-exposure/