Finance, Sui, 21Shares, News 21Shares president is talking at the moment at Sui’s annual Basecamp convention. 

Swiss asset supervisor 21Shares has filed a S-1 registration kind for a SUI exchange-traded fund (ETF) to the Securities and Exchange Commission (SEC).

SUI is presently buying and selling at $3.67, rising by 4% after the submitting went stay on the SEC’s web site.

“Since our earliest research into Sui, we believed it could become one of the most exciting blockchains in the industry, and we’re seeing that thesis play out,” mentioned Duncan Moir, President of 21Shares, talking at Sui’s annual Basecamp convention.

SUI is a layer-1 blockchain developed by former Meta engineers, the community’s native token has a market cap of $11.8 billion leaving it simply outdoors the highest 10 largest cryptocurrencies.

21Shares’ submitting comes six weeks after Canary Capital filed paperwork to launch a SUI ETF.

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