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🚨 Big Move in Crypto ETFs!
$BTC ETFs opened the door, and now altcoins are stepping through. Bitwise just filed an S-1 with the SEC to launch a spot SUI ETF, marking another milestone in institutional expansion beyond Bitcoin & Ethereum.
This makes Bitwise the 4th asset manager pursuing a SUI ETF, joining Grayscale, 21Shares & Canary Capital. Coinbase is set as the custodian, keeping the familiar institutional backbone already seen in BTC & $ETH ETH ETFs.
🔥 What’s especially interesting: the ETF could include staking within its structure. This means the fund could generate yield through network participation, not just price exposure—bringing a whole new dimension to altcoin ETFs.
This move is far from isolated—it signals institutional adoption expanding into altcoins, and the space is starting to mature in ways we haven’t seen before.
Altcoin ETFs are coming, and the game is changing. 🌍📈