21Shares Files for First-Ever SUI ETF in Bold Bet on the Sui Ecosystem

TL;DR 21Shares has submitted an application to the SEC to launch the first ETF focused on the SUI token, with backing from the Nasdaq exchange. If approved, this ETF would let traditional investors gain exposure to SUI without having to directly own the digital asset. Despite a recent $223 million hack in Cetus, the Sui. . . source: https://crypto-economy.com/21shares-files-for-first-ever-sui-etf-in-bold-bet-on-the-sui-ecosystem/