Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment.

Grab a green tea and watch this space. Bitcoin’s ascent to fresh all-time highs above $122,000 yesterday underscores fundamental shifts in institutional positioning, though morning trading sees BTC retreating to $119,000 levels. Today’s developments—from SUI’s Bitcoin-native protocol breakthroughs to Coinbase’s regulatory transparency advocacy and strategic corporate positioning across traditional markets—illuminate how digital asset infrastructure is transitioning from experimental to foundational, reflecting deeper structural forces reshaping the ecosystem beyond speculative cycles.

SUI Surges on Bitcoin Integration and ETF Momentum

SUI experienced significant upward momentum, climbing over 10% in 24 hours from $3.44 to reach $3.99 before settling at $3.87 at press time. Trading volume surged to $2.89 billion, reflecting substantial market interest in platform-specific developments.

The rally centers on two catalysts: Bitcoin-backed tBTC integration and advancing ETF prospects. SUI became the first non-EVM chain enabling direct tBTC minting, attracting $500 million in Bitcoin liquidity to native protocols within days. This represents 10% of SUI’s total value locked, demonstrating rare cross-chain appeal.

Read More: Everything about Sui Blockchain

Institutional momentum builds through Nasdaq’s 19b-4 filing for 21Shares’ spot SUI ETF, currently under SEC review. The