Nasdaq Aims to Launch ETF for $11.5B Altcoin $SUI

Reported 4 days ago

Nasdaq and 21Shares have filed for an ETF that would include $SUI, a new altcoin from the Sui blockchain, attracting attention in the $10 trillion ETF market. With a market cap of $11.5 billion, $SUI promises faster transaction settlements, which could appeal to institutional investors. The coin can be used for various applications on the Sui network, including paying transaction fees and staking rewards, while already gaining traction in European trading markets.

Source: YAHOO

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