Grayscale Launches SUI Trust with $12.88M AUM

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Grayscale has introduced the Grayscale SUI Trust, offering qualified investors exposure to SUI through securities. As of December 18, the trust reported a net asset value of $65.52 per share, with assets under management totaling $12.88 million. This new fund marks another step in Grayscale’s efforts to expand its portfolio and provide diverse investment opportunities in crypto. This provides investors with an easy way to tap into SUI’s 500% growth this year. Market analysts are also waiting if this move can stabilize SUI price fluctuations.