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Bitwise Files for SUI Spot ETF, Joins 21Shares and Canary Capital

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SUI
$1.4714-0.38%
Bitwise has filed a Form S-1 with the SEC for a token launch targeting the SUI token. The proposed spot ETF will offer direct exposure to the token, with Coinbase Custody as custodian and potential staking rewards. 21Shares and Canary Capital have also filed similar applications. The SUI token rose over 4.5% following the news.
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