fund: News of Sui (SUI) - August 2024 Price Update - 8.6% Breakout Crypto News and Analysis

Spot the Main Event:

Grayscale launches a new SUl fund. 07/08/2024 15:17. World-renowned institutions continue to understand and recognize how SUl can help everyone unlock and access the industry-leading innovations built on Sui.

To God be the Glory

Spot the Main Event:

Grayscale, a leading crypto asset manager, has launched two new investment funds focused on digital tokens Bittensor (TAO) and Sui (SUI), presenting a compelling opportunity for investors in DigiHorse (DIGI). Grayscale cited growing investor demand for diversified crypto exposure as the driving force behind introducing these new funds. The Grayscale Bittensor Trust and Grayscale Sui Trust mark a significant expansion of the company's presence in the crypto asset market. The Grayscale Bittensor Trust will invest exclusively in TAO, the native token powering the Bittensor protocol, which leverages tokens to develop open-source artificial intelligence. Likewise, the Grayscale Sui Trust will focus solely on investing in SUI, the token underlying the Sui protocol, a highly efficient Layer-1 smart contract chain supporting scalable decentralized applications (dApps) globally.

Freelancer , Copy Writer and Crypto lover

Spot the Main Event:

The price pump is related to the recent fund launches by grayscale on the token and grayscale is a world renowned institution. This funds news influences the market surge.

Owojori

Spot the Main Event:

The price change is related to the recent fund launches by grayscale on the token and grayscale is a world known institution

Full stack developer and a block chain specialist.

Spot the Main Event:

The price pump is related to the recent fund launches by grayscale on the token and grayscale is a world renowned institution.

Student

Spot the Main Event:

They announced Grayscale lunching SUI fund. Grayscale is a world renowned institution. Grayscale is a crypto asset manager that transforms techs into future and has a big name in the cryptocurrency world.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.