There are reports that the well-known digital asset management firm Bitwise has submitted an S-1 registration statement to relevant U.S. authorities, planning to launch an exchange-traded fund (ETF) product exclusive to the Sui ecosystem. This means that $SUI, as a representative of mainstream Layer 1 public chains, will further expand its financial derivative layout.

From a market perspective, the launch of an ETF usually indicates that assets are entering institutional allocation horizons, significantly increasing liquidity and awareness. Recently, the Sui ecosystem has been developing well, with projects in DeFi, NFT, gaming, and other tracks coming to fruition. Bitwise's application reflects institutional confidence in Sui's long-term development.

However, approval of the application still requires substantive review by the authorities, and investors should continue to monitor subsequent developments. The relevant information number is 0002101730, and interested users can verify the latest updates themselves.