Sui ETF Hits Nasdaq! 21Shares Filing Sparks 50% Rally – $6 Price Target by Summer?
Excitement is building around Sui (SUI) as the possibility of a spot Sui ETF edges closer to reality. Nasdaq has officially filed a Form 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, triggering a formal review process. This filing marks a significant milestone, potentially paving the way for increased institutional investment in the SUI token.
Why is this a big deal? Hace 4 días, the company formally filed to list the 21Shares SUI ETF on the Nasdaq via Nasdaq’s 19b-4 application to the U.S. Securities and Exchange Commission. This filing has sparked a wave of optimism in the market, leading to a noticeable price surge.
SUI Price Soars: Following the 21Shares ETF filing announcement, SUI experienced a significant rally. Reports indicate a surge of around 50%, with some analysts predicting the possibility of climbing toward $6 by summer 2025 if the ETF gains traction. Hace 2 días, Sui surged 8% as 21Shares files for the first U.S. spot Sui ETF on Nasdaq, eyeing a $6 price target. This upward momentum demonstrates the market's confidence in SUI's potential.
Institutional Interest Growing: Hace 4 días, the 21Shares $SUI ETF filing signals growing institutional interest in $SUI, driving an 8.3% price increase to $1.10. A New SUI ETF Filing by 21Shares is a positive sign for the future of the token. The filing indicates that institutions are increasingly looking to gain exposure to Sui, which could further drive up demand and price.
Nasdaq Pushes for Approval: Hace 3 días, Nasdaq has officially filed a Form 19b-4 with the U.S. SEC to list a spot Sui (SUI) ETF, launching a formal review process. Hace 3 días, SUI Price Climbs 6% as Nasdaq Pushes 21Shares ETF to SEC Stage. The official submission to the SEC initiates the crucial review process, moving the Sui ETF closer to potential approval.
What's Next? The SEC will now review the application. The approval of a spot Sui ETF would be a game-changer, potentially opening the floodgates to significant capital inflows. Keep an eye on the regulatory developments and the price action of SUI as the market anticipates the SEC's decision. The 21Shares SUI ETF represents a potentially lucrative opportunity for investors interested in the growing SUI ecosystem.