Viewpoint: Bitcoin may benefit from the expectation of a U.S. economic recession, facing challenges from Federal Reserve policy | Binance Morning Report (May 2)
● [21Shares申请美国Sui现货ETF,扩展美国市场](https://www.binance.com/cn/square/post/23662511043466?utm_source=NewsRoundup&utm_medium=BinanceBUs&utm_campaign=MultichannelPromotion)
According to Cointelegraph, European crypto investment firm 21Shares has submitted an application for a Sui spot ETF in the U.S., marking another step in its expansion into the U.S. market. On April 30, 21Shares submitted Form S-1 registration for the Sui ETF to the U.S. Securities and Exchange Commission. The ETF aims to track the performance of SUI held by 21Shares' U.S. subsidiary. Last July, 21Shares launched the Sui Staking ETP in Europe. The application document did not specify the exchange or code for the ETF. Canary Capital is the first company to apply for a Sui ETF. The Sui ETP has already been traded in Europe, with assets under management reaching $400 million.