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.