Grayscale, which only buys but does not sell, is back! ?
In the early hours of this morning, Grayscale announced that the trust fund for SUi has been officially opened to qualified investors, which means that some institutional users can purchase SUI through Grayscale!
Of course, Grayscale is still a closed-end trust, which can only enter but not exit, so the funds purchased can be said to be directly locked, which is a major positive for SUI. SUI also broke through the downward channel (breaking through the previous high point) in the 4H cycle with the help of this event. There are signs of strengthening that deserve continued attention!
I wonder if everyone still remembers the scene of Grayscale's crazy purchase of BTC in 20 years. Although the current environment is not as good as that year, it should also be able to drive the pull for SUI of this size!