The competitor of Solana (ground) suis briefly checked the price Thursday after the news announced that the supplier of funds negotiated in exchange for Crypto (ETF) 21Shares has deposited an ETF Sui Spo in the United States.
Suit was exchanged about $ 3.56 before the announcement and reached a maximum of $ 3.75 a few hours later, an increase of more than 5%.
The classified cryptographic asset of the 13th by market capitalization has since retraced and is negotiated at $ 3.57 at the time of the editorial staff.
Duncan Moir, president of 21Shares, said that the SUT ET ETF deposit, which is subject to the approval of the American Securities and Exchange (SEC) commission, reflects consumer demand and the company’s belief in the project.
“Since our first research on suis, we thought it could become one of the most exciting blockchains in the industry, and we see this thesis taking place.”
The manager of assets Crypto Canary Capital also deposited an ETF SU. SEC is currently thinking about more than 70 applications for various products negotiated in exchange for crypto, according to a list compiled by James Seyffart, ETF analyst at Bloomberg Intelligence.
The Bitcoin ETFs of the first Green-Lit dry market in January 2024, billions of dollars in the main digital active assets by market capitalization, and the regulator approved ETHEREUM for trade last July last.
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