Grayscale’s Sui Trust Lands on OTCQX — Here Is Why GSUI Isn’t an ETP Yet (and What Comes Next)

Grayscale, a prominent digital asset management firm, has recently announced that its Sui Trust has been added to the OTCQX market, which is known for facilitating the trading of over-the-counter securities. However, it is important to note that the Sui Trust, designated by the ticker symbol GSUI, is not currently categorized as an Exchange-Traded Product (ETP). This decision raises several questions regarding the current status of GSUI and the implications for investors and the broader market. In this article, we will delve into the reasons behind GSUI's lack of ETP status at this moment, exploring the regulatory considerations and market dynamics that come into play. We will also discuss what steps may be taken in the future for GSUI to potentially transition into an ETP and what this could mean for investors and the digital asset landscape moving forward. source: https://blocknews.com/grayscales-sui-trust-lands-on-otcqx-here-is-why-gsui-isnt-an-etp-yet-and-what-comes-next/