#NasdaqETFUpdate
Nasdaq’s Bold Move: 21Shares SUI Spot ETF Filing Sparks Altcoin Hype!
The crypto ETF landscape is buzzing with potential! Nasdaq has filed a 19b-4 form with the SEC to list the 21Shares SUI Spot ETF, a groundbreaking step toward the first Sui-based ETF in the US. If approved, this could be a game-changer for SUI, a high-speed Layer-1 blockchain, and pave the way for more altcoin ETFs. With the SEC’s decision due by January 18, 2026, the clock is ticking! The filing follows 21Shares’ S-1 submission on April 30, 2025, and aligns with growing institutional interest, as seen with Bitcoin and Ethereum ETFs. Market optimism is high—SUI’s price jumped 9% to $3.69 post-filing. Could this trigger a wave of altcoin ETF approvals? Stay tuned for the SEC’s move and market reactions!