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BTCC / BTCC Square / CoindeskEN /
21Shares Bets Big on SUI with ETF Filing – Token Jumps 4%

21Shares Bets Big on SUI with ETF Filing – Token Jumps 4%

Author:
CoindeskEN
Published:
2025-05-01 10:55:11
6
1

21Shares Files for SUI ETF, SUI Rises 4%

Swiss crypto ETP pioneer 21Shares makes its move – filing for the first SUI-focused exchange-traded fund. The market reacts instantly, sending SUI’s price up 4% as traders front-run the ’smart money.’

Wall Street’s latest crypto crush? The filing signals growing institutional appetite for layer-1 tokens beyond the usual suspects. SUI’s modular architecture and Move programming language have been gaining traction among developers.

Just don’t mention how these filings often take months to actually materialize – if ever. For now, the crypto casino keeps spinning as ETF mania shows no signs of slowing down.

|Square

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