Bitwise Files for Sui ETF as Crypto Fund Race Intensifies

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Bitwise has filed for a Sui ETF with the SEC, marking a new token launch in the crypto space. The fund will track the spot price of SUI and use Coinbase Custody for security. It joins similar applications from Canary Capital and 21Shares as the crypto industry pushes for more regulated products. The SEC has already approved spot Bitcoin and Ether ETFs, signaling ongoing momentum for crypto fund offerings.
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