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Nasdaq Bets on SUI: ETF Filing Sparks 6% Rally—Are Bigger Gains Ahead?
Nasdaq Bets on SUI: ETF Filing Sparks 6% Rally—Are Bigger Gains Ahead?
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Wall Street’s latest crypto crush just got real. Nasdaq filed paperwork for a SUI ETF—and the market wasted no time pricing it in. The token popped 6% on the news, leaving traders whispering about double-digit moves.
Funny how fast the suits warm up to blockchain when there’s a fee structure to monetize. Suddenly, ’risky asset’ becomes ’innovative exposure.’
Now the real question: Is this the start of institutional FOMO, or just another arbitrage play before the inevitable profit-taking? Grab your popcorn—this could get volatile.
In a major boost to the altcoin market, Nasdaq has officially filed FORM 19b-4 with the U.S. SEC to support the launch of a Sui ETF in partnership with 21Shares. Read More
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