The growing interest in DEEP and WAL among institutional investors reflects a shift towards exposure to innovative blockchain protocols, suggesting an evolving crypto market landscape.

While the trusts are not yet approved for secondary trading, they offer daily subscription opportunities, potentially increasing liquidity and visibility in the Sui ecosystem.

These trusts provide accredited investors with direct access to DEEP and WAL tokens, which are crucial for decentralized finance applications and on-chain data services.

Adeniyi Abiodun, co-founder of Mysten Labs, described the launch as a pivotal moment for Sui, indicating that these trusts could significantly influence blockchain adoption.

The trusts are available for daily subscription via private placement, representing a new opportunity for institutional investors in Sui's decentralized finance, social, and gaming sectors.

Grayscale has launched two new investment trusts, the Grayscale DeepBook Trust and Grayscale Walrus Trust, aimed at enhancing investor exposure to the Sui blockchain ecosystem.

Exclusively holding DEEP and WAL tokens, the trusts support decentralized trading and data infrastructure for blockchain applications within the Sui ecosystem.

Investors should remain cautious due to the speculative and high-risk nature of these investments, as highlighted by Grayscale's warnings regarding market volatility.

Currently, the SUI token is trading around $3.70, facing critical resistance at $4.21 and support near $3.26, making market dynamics crucial for short-term trading.

The launch of these trusts marks a significant development in the Sui ecosystem, showcasing ongoing innovation and infrastructure development by Mysten Labs and its contributors.

This initiative underscores Grayscale's confidence in the growth potential of the Sui blockchain, known for its high throughput and developer-friendly features.

The broader market sentiment is positive, with a low US Consumer Price Index leading to speculation about rate cuts that could uplift Bitcoin, altcoins, and potentially SUI's price.