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CryptoBullish
7/10

21Shares Sui ETFs Officially Begin Trading on Nasdaq Under Tickers TSUI and TXXS

Published 5 days ago
Last updated 5 days ago4 updates
1 min read

Key Facts

  • •21shares launched the first spot Sui ETF (ticker: TSUI) in the United States market.
  • •The ETF aims to provide regulated access to the Sui ecosystem amid accelerating institutional momentum.

Trading has officially commenced for the 21Shares Sui ETFs on the Nasdaq exchange, according to an announcement by the Sui Foundation. The funds are listed under the tickers TSUI and TXXS, providing U.S. investors with regulated access to the SUI token. This milestone follows the recent SEC approval and marks a significant step in expanding digital asset offerings beyond Bitcoin and Ethereum. While trading begins, the SUI token has recently faced price pressure, testing support levels around the $1 mark. The introduction of these ETFs is expected to enhance institutional liquidity and support the long-term growth of the Sui ecosystem. This development underscores the increasing maturation of the crypto market and 21Shares' role in driving financial innovation through regulated investment vehicles.

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Version History

Version 45 days ago
What changed: The status of the funds transitioned from regulatory approval to active trading on the Nasdaq exchange, with the inclusion of an additional ticker (TXXS).
Version 35 days ago
What changed: Updated the story to reflect that this is the third SUI ETF to debut on Nasdaq and added specific price context regarding the token struggling below the $1 threshold.
Version 25 days ago
What changed: The story was updated to confirm official SEC regulatory approval and add technical analysis regarding SUI's support levels and potential price rally.
Version 15 days ago
What changed: The Nasdaq exchange has been identified as the official listing venue for the ETF.

Instruments

SUI/USDTSUI
Sources:globenewswire.comtheblock.cocoingape.comtheblock.cocoinpaper.comcoingape.comcoincu.com