21Shares Physical SUI ETF is now listed on Nasdaq, trading under the ticker TSUI

SUI-1,69%

BlockBeats News, February 25 — Digital asset management firm 21Shares has launched an ETF tracking the native token of Sui — the 21Shares Spot SUI ETF, now listed on NASDAQ with the trading symbol TSUI.

21Shares first introduced a leveraged SUI ETF in December last year. The launch of this spot ETF further expands investors’ exposure to Sui.

This is the third spot ETF tracking SUI, following the Canary Stake SUI ETF and Grayscale Sui Staking ETF launched last week.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP ETF Performance Praised as 'Really Impressive' by Bloomberg - U.Today

XRP ETFs have shown resilience amid a 45% price drop, attracting significant capital despite typical market behavior. Bloomberg's Eric Balchunas highlights strong investor support. Despite recent outflows, the funds retain substantial assets, indicating community dedication.

UToday28m ago

Crypto Shines Amid Middle East Oil Shock and Market Selloff

Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.

CryptoFrontNews33m ago

Mega Bank's Director Rui-bin Zhuang tests stablecoin remittances, but the costs of blockchain are misunderstood.

Mega Financial Holding Co. held a media briefing on the 10th. Chairman Dong Rui-bin revealed that to objectively compare the efficiency of bank and blockchain remittances, Mega Bank mobilized 17 countries worldwide and 25 overseas branches last year for testing. Branch staff opened accounts at local legal exchanges and used the virtual asset trading platform BitoPro to trade USDT stablecoins, transferring 50 USDT each time back to Taiwan, and compared this with traditional bank cross-border wire transfers. The results showed that stablecoins do have advantages for small-scale cross-border remittances. However, for remittance amounts exceeding the equivalent of NT$200,000 (about $7,000 USD), banks remain more cost-competitive. Mega Experiment: Banks Are More Cost-Effective for Transfers Over $7,000 USD The test results indicated that in the scenario of "paying NT$ in Taiwan and receiving local currency at the destination," bank wire transfers generally arrive within about 2 hours, with a fee of approximately

ChainNewsAbmedia55m ago

Traditional Finance Drop Alert: VIX Down Over 6%

Gate News bot message, according to the latest Gate TradFi data, VIX has dropped 6% in the short term, and the current volatility is significantly higher than the recent average level, indicating increased market activity.

GateNews2h ago

Ripple Director Names Turkey, Nigeria and UAE as "Must-Watch" Markets - U.Today

Ripple's Reece Merrick outlined plans for the RLUSD stablecoin, targeting Turkey, Nigeria, and the UAE to enhance global expansion. These nations show significant digital dollar demand, critical for financial operations, with projections of $33 trillion in stablecoin transactions by 2025.

UToday3h ago

Amazon plans to hold an internal meeting to address disruptions in AI-assisted coding services

Amazon will hold a conference called TWiST on March 12 to discuss recent service outages caused by AI coding errors. The meeting will be hosted by executive Dave Treadwell and will focus on the frequent system failures.

GateNews3h ago
Comment
0/400
Sniper1hvip
· 02-24 23:51
Go full throttle 🚀
View OriginalReply0
Sniper1hvip
· 02-24 23:51
.
Reply0