SOLANA (SOL) competitor SUI spent a short time on Thursday after the news that 21Shares submitted SUI ETFs in the United States on Thursday.
The SUI made a transaction of about $ 3.56 before the announcement and increased by more than 5%to $ 3.75 after a few hours.
The 13th largest password assets by market cap have been repaid later and traded at $ 3.57 for writing.
Duncan Moir, president of 21Shares, said that submitted by the SUI ETF, approved by the US Securities and Exchange Commission (SEC), reflects the company’s belief in consumer demand and projects.
“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.”
Crypto Asset Manager Canary Capital also applied for Sui ETF. According to the compilation of James Seyffart, an ETF analyst of Bloomberg Intelligence, the SEC is currently distinguishing more than 70 applications for various encryption exchange trading products.
The SEC recorded the first branch market Bitcoin ETF, which ranked first in January 2024, and brought about billions of dollars in the highest digital assets as a market cap, and the regulators have approved Ethereum ETF last July.
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Created image: Midjourney