According to @rovercrc, the SEC has officially acknowledged Nasdaq's filing for the 21Shares SUI ETF, with the review process now underway (source: Twitter @rovercrc, June 10, 2025). This step marks a key milestone for SUI token adoption, signaling potential institutional inflows if the ETF is approved. Traders should closely monitor regulatory developments, as ETF approval could drive increased SUI price volatility and broader crypto market momentum.

According to Crypto Rover, 21Shares has officially filed for a SUI ETF with Nasdaq, marking a significant step toward mainstream adoption of Sui cryptocurrency (source: @rovercrc, May 27, 2025). This development highlights increasing institutional interest in Sui, potentially boosting liquidity and price visibility in the crypto market. Traders should monitor SUI price action and volume as ETF approval could drive higher inflows and volatility. The move also reinforces the trend of expanding crypto ETF offerings, following recent approvals for Bitcoin and Ethereum ETFs, signaling wider acceptance of altcoins in traditional financial markets.