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Grayscale has officially filed an S-1 for the "Grayscale Sui Trust," a new spot-style ETF designed to provide direct exposure to the $SUI token.
This fund aims to reflect the market performance of $SUI, after fees. It offers long-term investors a managed, hassle-free way to gain ownership without the need to directly manage the asset. 📈
This strategic move comes right after 21Shares launched its own SUI-based ETF on Nasdaq. The race for @SuiNetwork investment products is clearly heating up! 🔥