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๐จ Officially: 21Shares has filed for a Spot ETF for $SUI! ๐๐
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What is happening?
21Shares has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a Spot ETF for the $SUI token, in a move described as part of a strategic partnership with the Sui network.
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Why is this important?
A Spot ETF means actual purchasing of the token, which boosts demand and price.
This confirms that 21Shares is betting on the upcoming rise of Layer 1!
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What are we waiting for?
โ Official approval from the SEC
โ Injection of new institutional liquidity
โ Potential price increase of $SUI if accepted
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Do you think $SUI is qualified to become one of the big players in the Layer 1 scene?
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