SEC Delays Decision on 21Shares SUI ETF, Adding to Regulatory Scrutiny

The U.S. Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the approval of the 21Shares Spot SUI ETF. This postponement follows a trend of heightened regulatory scrutiny for cryptocurrency-related financial products within the US market. The SEC’s evaluation process reflects broader efforts to cautiously assess digital asset offerings before their inclusion in mainstream finance.