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Nasdaq Files Sui ETF: Price Jumps 6%, Double Digits Coming?
Nasdaq Files Sui ETF: Price Jumps 6%, Double Digits Coming?
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Nasdaq has taken a significant step toward expanding cryptocurrency investment options by filing FORM 19b-4 with the U.S. SEC to launch a Sui ETF in collaboration with 21Shares. The altcoin market responded immediately, with Sui’s price surging 6% on the news.
This MOVE signals growing institutional confidence in layer-1 blockchain projects beyond Ethereum. Market observers note the filing could catalyze broader altcoin adoption if approved, particularly among investors seeking regulated exposure to emerging smart contract platforms.
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