There are active efforts to list Sui (SUI) on U.S.-based exchange-traded funds (ETFs), signaling growing institutional interest in the token.
Current ETF Filings Involving SUI:
1. 21Shares SUI ETF:
• In April 2025, 21Shares submitted a Form S-1 registration to the U.S. Securities and Exchange Commission (SEC) for a spot SUI ETF.
• Subsequently, in June 2025, Nasdaq filed a Form 19b-4 with the SEC to list this ETF, marking the formal start of the regulatory review process.
• If approved, this ETF would allow U.S. investors to gain regulated exposure to SUI, the native token of the Sui blockchain.
2. Canary Capital SUI ETF:
• Canary Capital filed a Form S-1 registration for a spot SUI ETF in March 2025.
• In April 2025, the Cboe BZX Exchange submitted a Form 19b-4 to the SEC to list this ETF.
• The proposed ETF includes provisions for staking a portion of its SUI holdings, with staking rewards treated as income for the trust.
Market Implications:
The filings by 21Shares and Canary Capital reflect a significant step toward integrating SUI into mainstream financial products. Approval of these ETFs would provide institutional investors with regulated avenues to invest in SUI, potentially increasing liquidity and market stability.
Currently, SUI is trading at approximately $3.11. The anticipation surrounding these ETF filings has contributed to increased trading volumes and heightened investor interest in the token.
While the SEC’s review process is ongoing, the successful approval of these ETFs could mark a pivotal moment for SUI’s adoption in the U.S. financial markets.
