Bitwise just filed with the SEC to launch a spot SUI ETF, a move that could bring Wall Street money directly into one of crypto’s newer layer‑1s.
Bitwise files to launch spot SUI ETF
Bitwise has filed a Form S-1 with the U.S. SEC to launch a spot Sui ETF, aiming to track the price of SUI, the native token of the Sui blockchain. If approved, it would be one of the first ETFs offering direct exposure to SUI, with Coinbase Custody set to hold the fund’s assets.
Bitwise joins Canary Capital and 21Shares in the race to bring a spot SUI ETF to market. While the SEC approved a 2x leveraged SUI ETF earlier this month, no spot product has yet launched in the U.S.
Bitcoin Hyper
Bitcoin Hyper fixes what Bitcoin lacks (speed, usability, and low fees) without losing its powerful security. Built as a Layer 2 using Solana’s Virtual Machine, it supports smart contracts and full dApps, while final settlement still runs on Bitcoin.
It’s gaining momentum even as fear grips the wider market.
Still, there’s pressure. Layer 2s like Lightning Network already handle fast BTC payments without smart contracts. Ecosystems like Base and Arbitrum are ahead in liquidity and developer activity. Bitcoin Hyper has to prove it’s more than just hype.
That’s why attention is shifting to DeepSnitch AI. The protocol delivers real-time AI s inside Telegram. With over 100 million active crypto traders, the growth potential is massive, and whales have noticed that.
BlockchainFX
BlockchainFX solves a real problem: traders juggling multiple platforms to access crypto, stocks, forex, and commodities.
Security and compliance also set BlockchainFX apart. The platform operates under strict licensing, with full user verification, encrypted data, and transparent updates.
Interest is strong.
Still, competition is fierce in this sector, and this might be a problem if BlockchainFX wants to stand out. Giants like Robinhood and Revolut dominate, making BlockchainFX the underdog in a huge market.
The bottom line
Bitcoin Hyper and BlockchainFX both offer strong narratives, but they’re entering crowded arenas already dominated by giants.
That’s a tough hill to climb, no matter how promising the tech. DeepSnitch AI is playing a different game entirely. It’s carving out its own lane, targeting 100M+ crypto traders with real-time AI tools that already work.