SUI Drops Below $1 Despite Launch of First U.S. Staking ETFs by Grayscale and Canary
The debut of the primary U.S.-listed staking ETFs tied to SUI was anticipated to mark a turning level for the token. Instead, the crypto slipped under the $1 degree, displaying the hole between rising institutional entry and weakening market sentiment. On February 18, asset managers Grayscale Investments and Canary Capital launched competing spot staking ETFs,…
