Nasdaq Launches Spot Sui ETF Filing, Driving Crypto ETF Race

Nasdaq has taken a significant step towards bringing cryptocurrencies into traditional investment markets by filing for approval to list a spot Sui (SUI) exchange-traded fund (ETF). This move comes following 21Shares’ successful registration of the ETF, which allows investors to gain exposure to SUI without directly owning the asset. This is not their first foray; Nasdaq previously filed with the SEC for a 21Shares Dogecoin ETF. Now, the focus shifts to regulatory review and SEC approval.