Grayscale has filed a new registration with the U.S. Securities and Exchange Commission to launch a SUI spot ETF, joining the fast-growing race among issuers to bring SUI-based investment products to market.
The move comes just days after 21Shares debuted the first U.S. SUI ETF, a leveraged product offering 2x daily exposure to the token. Grayscale’s proposed fund would track the actual market price of SUI and allow investors to gain regulated exposure without directly holding or securing the tokens.
The company has been steadily expanding its lineup of single-asset ETFs this year, signaling its ambition to remain a dominant player in digital-asset investment products.
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