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Altcoin ETFs face a liquidity squeeze as capital concentrates in Solana and XRP while Sui volume collapses

What happened

After Solana and XRP drew tens of millions in day one volume, smaller launches like Sui barely printed. Two spot Sui ETFs began trading in US markets on Feb. 18. Canary's SUIS is listed on Nasdaq, while Grayscale's GSUI appeared on NYSE Arca. Both products offer staking-enabled.

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