Hassan Maishera
On Tuesday, the Sui Foundation announced via X that Nasdaq has filed to list the 21Shares SUI ETF, a spot ETF backed by the SUI token. The 19b-4 filing, now officially posted to the SEC’s public register, marks the formal beginning of the review process.
The Sui Foundation added that in addition to 21Shares, Sui's innovative technology has attracted the likes of Canary Capital, Ant Financial, Franklin Templeton, VanEck, and Grayscale, who all launched investment products or initiatives on Sui since Q4 of last year.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 3.5% in the last 24 hours, trading at $3.5080 per coin.
