**🚀 Sui (SUI) Rises 9% After 21Shares Files ETF with SEC!**
**📢 Breaking News:**
- **21Shares**, a leading crypto asset manager, has officially filed for a **Sui (SUI) Spot ETF** with the **SEC**!
- The price of **SUI skyrocketed 9%** to **$3.69** (CoinGecko).
### **💡 What Does This ETF Filing Contain?**
✅ **Coinbase as Custodian** – Ensuring the security of investor assets.
✅ **Exchange & Ticker Not Determined Yet** – Still in the regulatory process.
✅ **Strategic Partnership with Sui** – Including joint research & product development.
### **📈 Impact on SUI Price**
- **+9% in 24 hours**, **+80% in 2 weeks**!
- But still far from **ATH $5.35 (January 2024)**.
- Could the ETF be a **catalyst for higher increases**?
### **🔍 Background**
- **Canary Capital** also filed for a **SUI ETF** in March.
- **21Shares** already has a **Sui ETP in Europe** (with staking features).
- SEC is still delaying decisions on **Dogecoin & XRP ETF** until June.
### **🚀 What Does This Mean for Investors?**
- If approved, the **SUI ETF could drive institutional adoption**.
- **Sui Network** is increasingly seen as a **"Solana Killer"**.
- **21Shares** is actively expanding its crypto ETF product line (DOGE, XRP, DOT also filed).
**🎯 Predictions:**
- Will the SEC approve altcoin ETFs this year?
- Can SUI break through **$5 again**?