Sui
Why Sui is up 4.2% today
Analysis
Sui (SUI) rose 4.2% over the past 24 hours, likely driven by news that Canary and Grayscale launched Sui ETFs in the US that include staking rewards. The ETF rollout could have boosted near-term demand and sentiment around SUI by improving access for investors and highlighting yield features.
Contributing Factors (1)
Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US
Canary, Grayscale Launch First US Sui ETFs With Staking Rewards The post Canary and Grayscale Launch Sui ETFs With Staking Rewards in the US appeared first on Cryptonews.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.