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Guavy AI Editorial TeamSentiment: 2Clout: 78

21Shares Debuts TSUI ETF on Nasdaq, Expanding Sui Access

Financial services company 21Shares has launched the TSUI ETF on the Nasdaq exchange, offering US investors a new avenue for accessing the Sui cryptocurrency.

The TSUI ETF is a spot product that provides regulated exposure to Sui, allowing market participants to engage with the token through established brokerage accounts. Trading data from CoinGecko shows that Sui's price has been relatively stable in recent hours, trading at around $0.86 per unit.

This development reflects the growing institutional focus on Sui, which is increasingly being recognized as a viable option for financial applications and global payments use cases. The launch of the TSUI ETF is likely to be seen as a significant milestone in the evolution of Sui's adoption by mainstream investors.