From Cointelegraph

May 1, 2025 9:42:00 AM:

European crypto investment firm 21Shares files for a spot Sui ETF in the US to expand market reach. The proposed 21Shares Sui ETF aims to track the performance of SUI tokens without leverage or speculative trading. No ticker or exchange specified in the 128-page SEC filing.

Canary Capital also filed for a Sui ETF in the US, with Cboe BZX Exchange seeking approval to list. Sui-based ETPs already trading in Europe with $400 million in assets under management as of April 25. Year-to-date, Sui ETPs saw $72 million in inflows.

21Shares’ move adds to the list of 72 crypto ETF filings awaiting SEC approval. Analysts report influx of new filings with hopes for more crypto ETFs in the US market soon. Europe already trading Sui-based ETPs, showing investor interest in crypto products.

Read more at Cointelegraph

1. Bitcoin hits new all-time high of $62,000 as institutional investors continue to show interest in the cryptocurrency market, with the total market cap surpassing $1 trillion for the first time.

2. Ethereum price also surges to a new record high above $2,000, driven by increasing demand for decentralized finance (DeFi) applications and the upcoming Ethereum 2.0 upgrade.

3. Tesla announces that customers can now purchase vehicles using Bitcoin, signaling a growing acceptance of cryptocurrencies for mainstream transactions and sparking a debate on the environmental impact of Bitcoin mining.

4. Visa partners with Crypto.com to settle transactions in USDC stablecoin on the Ethereum blockchain, paving the way for wider adoption of digital currencies in traditional payment systems.

5. NFT art sales reach a new milestone with a digital artwork by Beeple selling for $69 million at Christie’s auction house, highlighting the growing interest in non-fungible tokens as a new form of digital art ownership.: 21Shares files for US spot Sui ETF after European launch