Bitwise files for spot SUI ETF as competition intensifies in crypto fund market

The proposed ETF would use Coinbase Custody and include staking and in-kind transactions.
Several asset managers are now competing to bring SUI-based ETFs to the US market.
Regulatory changes under the current SEC leadership are accelerating altcoin ETF activity.Crypto asset manager Bitwise has formally filed a Form S-1 with the US Securities and Exchange Commission, seeking approval to launch a spot exchange-traded fund linked to SUI.
The proposal adds fresh momentum to the fast-expanding cryp