Bitwise Files for SUI Spot ETF

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Crypto asset manager Bitwise has filed with the SEC to launch a spot ETF tracking the Sui token. The “Bitwise Sui ETF” would track SUI’s market price, with Coinbase Custody set to serve as custodian.

SUI, the native token of the Sui Network, was launched in 2023 and currently ranks as the 31st largest cryptocurrency by market cap. A US spot ETF for SUI could drive significant demand among investors seeking regulated exposure.

[lingriiddd]

SUI token getting more traction huh?