SEC Starts Review of 21Shares SUI ETF, Signaling New Opportunity for Sui

The U.S. Securities and Exchange Commission (SEC) has formally acknowledged Nasdaq’s filing to list the 21Shares SUI ETF, marking the beginning of a review process crucial to its approval. This move is significant for crypto markets as it could boost institutional interest in the Sui blockchain. A key step in this process involves public comment submission, followed by SEC decisions to approve or delay the ETF proposal.