@defiexplorer88
Back in July 2025, Grayscale quietly listed Monad as a candidate for a future ETF/Trust — even though the chain was still in testnet at the time. Fast-forward five months and the landscape looks very different.
The SEC just approved Grayscale’s 2x SUI ETF, only days after 21Shares launched the first SUI ETF in the U.S. Momentum around new L1 exposure is clearly building.
With Monad now far more mature than it was when it first appeared on that list… you have to wonder:
Is $MON next?
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