⚈ Sui (SUI) increased by 8.36 % after 21shares was served to get the ETF spot.
⚈ The distinctive symbol increases more than 16 % last week amid market optimism.
⚈ 21 shares partnership with sui to enhance global institutional access.
Sui (SUI), the original symbol of Sui Layer-1 Blockchain, witnessed a dramatic rally on May 1, where 8.36 % rose to the price of the press time of $ 3.70.
The last step has already reinforced the positive weekly performance, which ensured that the largest coded currency in the market was 16.32 % during the past seven days of trading.
While the rise coincided with the gathering of the broader market that witnessed, for example, Bitcoin (BTC) reached $ 96,000 for the first time since February correction, it can be linked directly to 21shares’ Delay presentation With the Securities and Stock Exchange Committee (SEC).
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Specifically, the company specialized in the products circulating in the encrypted currency (ETPS) submitted a request to list the Sui (ETF) exchange box.
This step has already added to the great accumulation of investment funds circulating in the immediate digital assets awaiting SEC’s decision in 2025.
Although the latest news from the organizer has seen that it continues to postpone it, given that it has pushed the deadline for each of the XRP and Dogoin (Doge) to June, the hopes that many requests will be approved.
The second Trump administration has opened a group of friend for encryption, as evidenced by the flood of investigations, investigations and lawsuits that were dropped during the first quarter of 2025.
Moreover, the media and technologies in Trump (NASDAQ: DJT) have a partnership with Crypto.com to launch Etps Cryptocurrency, indicating high -level confidence in approvals.
21 partners with sui network
In addition to the introduction of Sui Spot ETF, 21 Shares Declare On May 1, I entered a partnership with the Layer-1 network to help expand global access to it.
According to the press statement, cooperation is designed to produce products for products, research reports and other initiatives “and works to highlight” the growth of institutional interest in the SUI ecosystem. “
Distinctive image via Shutterstock
