Major move in the Sui ecosystem: Bitwise has officially submitted an application to the SEC for a spot SUI exchange-traded fund. This filing marks an important step toward bringing Sui assets into mainstream investment vehicles, potentially opening doors for institutional and retail investors who prefer traditional ETF structures over direct token trading. The development signals growing confidence from major asset management firms in Sui's long-term viability and market maturity. Spot ETF approvals have historically accelerated adoption cycles for crypto assets, as seen with similar instruments in recent years. Whether the SEC greenlights this proposal will likely impact Sui's trading activity and broader market perception in the coming months.