Institutions will now be able to gain exposure to sBTC, an asset for Bitcoin-denominated gains, through Hex Trust custody.
Hex Trust, a Hong Kong-based digital asset firm that offers institutional-grade custody, staking, and trading solutions, has announced expanded support for Stacks (STX), a leading layer-2 (L2) Bitcoin (BTC) network, as well as sBTC, Stacks' decentralized asset based on Bitcoin, per information shared with Finbold on Thursday, April 10.
Sui has gained by 10% in the past 24 hours after President Trump paused higher tariffs, with the coin's volume surging bullishly in response. The post Is Sui the Next Solana? $1.9 Billion Floods In After Trump's Surprise Tariff Pause appeared first on Cryptonews.
Cboe BZX exchange has filed a 19b-4 application for an SUI exchange-traded fund (ETF). The exchange submitted the paperwork to the Securities and Exchange Commission (SEC) on April 8, setting the stage for the first SUI ETF in the US.
Stellar (XLM) joined Sui (SUI) as a top underperformer, declining 2.7%.
TL;DR Cboe BZX's Proposal: The exchange has asked the U.S. SEC to list the Canary SUI ETF, potentially marking the first ETF that tracks the Sui blockchain's native token, SUI.
Cboe BZX Exchange has officially submitted Form 19b-4 to the US Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) tied to the Sui blockchain. The April 8 filing stated: “Cboe BZX Exchange, Inc.
Cboe filed a 19b-4 request with the SEC to list the first U.S. ETF backed by SUI. If approved, it would be the first U.S. ETF to hold and stake the Sui Network's native token.
A filing to list a SUI exchange-traded fund on Cboe BZX has landed with the SEC, setting the stage for potential approval of a spot fund tied to the layer-1 token.
Canary Capital has filed paperwork with the SEC through the Cboe BZX Exchange for a spot SUI exchange-traded fund (ETF).
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund.
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission before the exchange can list any shares of the fund.
Sui price saw a recent recovery after the Cboe BZX Exchange filed to list the first-ever spot SUI ETF in the U.S. The move marks a new step in bringing the SUI token into regulated financial products. The filing was submitted under Form 19b-4 with the U.S. Securities and Exchange Commission (SEC).
Canary Capital last month filed for a SUI exchange-traded fund. Now, Cboe has filed for a 19b-4 rule change that would allow it to trade.
SUI has experienced significant volatility in recent weeks, with its price fluctuating amidst a 30% decline. This decline has been accompanied by rising outflows as investors and traders react to the altcoin's uncertain short-term outlook.
The approval of a Sui ETF could enhance crypto market legitimacy and attract institutional investors, potentially boosting Sui's market value. The post Canary Capital seeks SEC approval for a Sui ETF involving staking appeared first on Crypto Briefing.
Leading altcoins $XRP, $ADA, and $SUI have all come back to major support. Will this support hold, and can these altcoins bounce back?
Tariff woes have pulled SUI down by 3% today, but its recent breaking out of a falling wedge pattern could see it explode again very soon. The post SUI Price Pops as Falling Wedge Breaks – Here's What Happens Next appeared first on Cryptonews.
Sui price remains in a bear market, crashing nearly 60% from its January peak. Sui (SUI), a fast-growing layer-1 blockchain, was trading at $2.66 on Friday, giving it a market capitalization of over $7.35 billion.
SUI eyes a potential breakout, but sellers remain firmly in control below $2.52.
SUI is currently down 56% from its January all-time high, consolidating around a key support level as the broader market battles ongoing volatility and selling pressure. Like much of the crypto space, SUI has been hit hard by global macroeconomic uncertainty and investor risk aversion, leading many analysts to expect a continuation of the downtrend.
Sui is taking blockchain beyond finance and into entertainment with Sui Splash™. At Sui Waterpark, visitors access facilities with digital passes.
Sui price continues to hold above its key support zone despite the recent token unlock and is eyeing a potential bullish reversal if it can break above a key resistance level of $2.52. Sui (SUI) is currently trading at $2.
Story Highlights The live price of SUI crypto is . The SUI price is expected to reach a high of $7.01 in 2025. With a potential surge, the price may reach $23.77 by 2030.
Japanese hotel giant Metaplanet (3350) is going big on Bitcoin as the firm just scooped up 160 BTC. The firm acquired Bitcoins for around $83,600 each, adding $13.4 million to their crypto stash. This brings their Bitcoin holdings to 4,206 BTC, and their total investment to $363.5 million.
SUI enters a critical phase today as a $147 million token unlock threatens to inject selling pressure into a market already testing key resistance levels. Despite a sharp rebound in momentum—evident in the RSI's surge from oversold territory—SUI failed to break above the crucial 60 mark, signaling buyer hesitation.
Avalanche (AVAX) was also a top performer, rising 3.4% from Monday.
While most altcoins still fall victim to rampant economic fears, the Sui (SUI) ecosystem is thriving, raising anticipations of a potential rally. The post Is Sui About to Explode? While the Market Crashes, This Coin Quietly Climbs appeared first on Cryptonews.
Tuesday has seen a resurgence in the altcoins, and especially among the layer 1 cryptocurrencies. Ethereum ($ETH), Solana (SOL), and Sui (SUI) are leading the way.
Crypto asset manager and research firm CoinShares says institutional investors poured millions of dollars into altcoin digital asset investment products last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products enjoyed inflows last week after record-setting levels of outflows.
The Sui Network (SUI) will unlock nearly $150 million worth of its native token on April 1. This is part of Sui tokenomics and the monthly unlock schedule that inflates SUI's circulating supply and dilutes investors' holdings.
The crypto markets seem to be in trouble again, this time mainly following the price trends of PI, SUI, and Dogecoin (DOGE). Pi is the native cryptocurrency of Pi Network.
Cryptocurrency markets have over $642 million worth of digital assets planned for release during the period between March 31 through April 7, 2025. Tokenomist data shows these releases are split between single “cliff” one-time releases and regular “linear” releases distributed across various blockchain projects.
Sui has plummeted by 7% today, yet the launch of the Walrus Protocol underlines its bullish long-term growth potential. The post Should You FOMO Into Sui? New Walrus Launch Sends Price Flying appeared first on Cryptonews.
Sui faces a significant test as $151 million worth of tokens unlock on April 1, with market indicators showing mixed signals amid growing ecosystem adoption but declining total value locked.
Sui is set for a major supply event, with 64.19 million SUI tokens worth approximately $148.29 million scheduled for release on April 1, sparking concerns about potential selling pressure and its impact on SUI price.
Made in USA coins are showing mixed signals as April begins, with XRP, SUI, and Pi Network (PI) standing out. XRP leads in market cap but also posted the biggest drop among the top 10, down 10.6% this week.
SUI climbs 6% amid rising adoption and technical support. Is this bullish momentum sustainable, or just a short-term relief rally? The post SUI Surges 6% This Week: A Sign of Bullish Momentum or Just the Beginning? appeared first on Cryptonews.
Cryptocurrency trader and analyst Ali Martinez is leaning bullish on an altcoin that's less than two months old while unveiling his forecast for XRP (XRP) and Sui (SUI).
DeFi lending is recovering in March after a series of market capitulations and liquidations. More value is flowing into smaller chains, with the biggest growth for Berachain and Sonic.
SUI has shown signs of recovery, and the crypto token's price is trading at $2.65, which is just below the crucial resistance level of $2.77. This resistance stands as the last hurdle before the altcoin can reach the $3.00 mark.
The crypto market demonstrates steady improvement as multiple alternative tokens show major price increases. TON, SUI, and Pi have emerged as top performers in the market by recording impressive growth during the previous 24-hour period.
SUI is making another attempt to break past the crucial $2.82 resistance, a level that has repeatedly challenged bullish momentum. After a steady climb, the price now stands at a decisive point—will buyers have enough strength to push through, or will sellers step in to defend this barrier once again?
Aave (AAVE) was also a top performer, gaining 3.6% from Wednesday.
Sui price, currently at $2.74, has broken out of a falling wedge and rising parallel channel, suggesting bulls are taking control. This recent surge has sparked excitement among traders and analysts, as it echoes past patterns that triggered notable rallies for Sui.
SUI and TON are the two top gainers from the larger-cap alts today.
SUI cryptocurrency shows strong breakout potential with technical indicators supporting a possible 25% upswing, while VanEck predicts it could reach $10 by 2025.
Sui Network's native token, SUI, has reclaimed a crucial level after its 10% price breakout. The token has shown bullish momentum over the past few days, climbing to weekly highs on Wednesday.