The agency declared it is hands-off for liquid staking in some cases, which could eventually help crypto ETFs benefit from proof-of-stake.
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$SUI is backed by investors like Andreessen Horowitz at a valuation of $2 billion.
Crypto is still new territory for plenty of advisors, but ETFs are making it easier for investors to gain exposure.
The funds that track the second-largest cryptocurrency were off to the races in late July, but have been stuck in the ether ever since.