21Shares Launches SUI ETF for US Investors, Bringing Crypto to Mainstream

21Shares has filed a crucial application with the SEC to launch an SUI exchange-traded fund (ETF) in the United States. This marks a significant milestone for crypto investment accessibility, offering U.S. investors direct exposure to the Sui blockchain via traditional brokerage accounts. The ETF tracks the performance of the SUI token using a benchmark index, providing investors with pure price exposure without requiring yield generation processes like asset staking.