Regarding the SUI ETF issue
The "SUI ETF" is currently still in the application stage, but it marks the transition of SUI from "on-chain native assets" to "compliant investable securities."
If approved, it would open a compliant, low-threshold "highway" with market makers for traditional funds, providing a medium to long-term boost to prices, liquidity, and the ecosystem;
If rejected, short-term speculation will quickly retreat.
Investors should closely monitor the SEC's subsequent inquiries and approval milestones, while also paying attention to token unlocks, competitive chain ETF progress, and macro liquidity changes, participating with an "event-driven + position control" approach, rather than blindly chasing highs.

