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📢 Nasdaq Files for SUI ETF – Altcoin ETFs Gaining Momentum

Big news in the crypto ETF space! Nasdaq has officially submitted a 19b-4 filing to the SEC for the 21Shares $SUI ETF, aiming to bring the Sui blockchain’s native token to traditional markets.

🔹 If approved, this ETF will allow investors to gain exposure to Sui without directly buying or holding SUI tokens - a big step toward mainstream accessibility.

📊 Meanwhile, $SUI is trading around $3.64, according to WhiteBIT charts.

🚀 Why it matters?

SUI is known for its high-speed transactions, smart contracts, and growing DeFi ecosystem.

The move signals growing institutional interest beyond just Bitcoin and Ethereum.

📈 Bloomberg’s Eric Balchunas says altcoin ETFs (like Solana, $XRP, Litecoin) now have a 75%+ chance of approval - a sign that altcoins are entering a new era of legitimacy.

#sui #ETF #Altcoins