- 21Shaes was the second potential publisher who applied for the US Spot Sui ETF.
- The SUI was higher than the optimistic core level, but the network activities were cooled.
21Shares, a $ 10 billion digital asset manager, joined Canary Capital in the US branch race. ON (SUL) ETF.
According to the S-1 form filing With Securities and Exchange Commission (Securities and Exchange Commission), Coinbase will be the manager of the proposed ETF.
In addition, the proposed ETF shared creations and repayment will be settled and not natural.
On March 17, Canary Capital made a similar ETF for the first time. submit. Whether or not the agency admits the application still remains.
21Shares is a partner with SUI
21 construction is also presentation Strategic partnership to expand the global range. In the statement, Duncan Moir, chairman of the 21Shares, said.
“After the initial study of SUI, we believed that it could be one of the most exciting blockchains in the industry and we are seeing the paper progress.”
Collaboration includes product partnerships, research reports and other initiatives.
The update was 9%of Altcoin Pump on Thursday. However, as Bitcoin’s dominance rose to 64.8%, profits were quickly erased.
Source: SUI/USDT, TradingView
Overall, the +100% rally in APRIL LOWS’s Altcoin has been cooled as it shows about $ 3.5.
However, the price integration was higher than the 200dma (daily moving average). If you increase the level of major technology, the bull can move forward. More than $ 4 resistance.
However, the address activity showed that SUI’s cooloffs could be extended for a while. The April recovery was marked with a rapid rebound of the active account of 1.3 million to almost 2 million.
However, by the end of April, the metric law declined sharply by the end of May and fell to 1.1 million users. Network activities are reduced by 45%. This can be maintained or lowered to the side of the SUI if the activity does not rebound again.
source: Sui scan