Nasdaq Submits Proposal for SUI-Linked ETF, Potentially Reshaping Crypto Investment Landscape

Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval for a new exchange-traded fund focused on the Sui blockchain’s native token. This 21Shares SUI ETF would provide investors with indirect exposure to the network, allowing them to participate in its growth without owning the SUI token directly. If approved by the SEC, this move could significantly impact the crypto investment landscape.