21Shares Files for SUI ETF Registration with SEC

The U.S. Securities and Exchange Commission (SEC) has received a registration filing from Switzerland-based asset management firm 21Shares, seeking to launch an exchange-traded fund (ETF) based on the Sui blockchain. This news comes after 21Shares President Duncan Moir expressed optimism about Sui’s future at the company’s annual Basecamp conference. Moir asserted that the firm has always believed in Sui’s potential to become one of the most significant blockchains, and this belief is being validated by recent developments.