SUI ETF Greenlit – Impact on Sui Price If 2× Leverage Enters Nasdaq Trading?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 5 hour ago

Sui's Market Maturity: The SEC has approved the first 2× leveraged ETF for Sui (SUI), which will trade on Nasdaq, marking a significant step in the asset's institutional visibility and market maturity.
New Trading Products: Coinbase Derivatives has launched SUI futures with leverage up to 50×, enhancing price discovery and liquidity in the U.S. markets, while also attracting younger investors in India.
Impact of Leverage on Volatility: The introduction of leveraged products can lead to increased trading volume and volatility, with potential short-term price movements for SUI, currently trading around $1.69.
Future Price Predictions: Analysts suggest that if trading volume increases with the ETF launch, SUI could approach psychological price levels like $2.00, although volatility may lead to choppy price action in the short term.

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Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.