- Nasdaq submitted the 21Shares SUI ETF SEC filing.
- The Sui ecosystem has $300M in global ETP investments.
- SEC review process began, decision due by Jan. 18, 2026.
- SUI trades at $3.49, with a $11.87B market cap.
A 19b-4 version of the 21Shares SUI ETF has been filed with the SEC to be listed on Nasdaq, allowing regulated exposure to the SUI blockchain.The SEC will publish the filing in its public register on June 10, 2025, to formally begin the review process. This comes after the April S-1 registration of 21Shares, indicating an increasing institutional demand in the ecosystem of Sui.
The proposed ETF’s investment strategy is based on tracking the current price of SUI, the utility token of the high-performance Layer 1 Sui network blockchain. The U.S. listing could increase the platform’s accessibility; over $300 million has already been invested in SUI-based exchange-traded products abroad.
SUI is currently trading at $3.49, which is -1.24% lower than its price in the last 24 hours, and its market cap is $11.87 billion, and its 24-hour trading volume is $972.06 million.
Institutional Momentum for Sui
Sui ecosystem has been gaining traction with its object-oriented programming and scalable architecture, allowing decentralized finance, games, and real-world asset tokenization. Its stablecoin market cap is more than $1.1 billion, up 190 percent in 2025, and stablecoin transfer volume in May has topped $110 billion.
In its filing, Nasdaq cites the attraction of Sui to institutional investors. The ETF would offer an institutional means of investing in the cryptocurrency without holding any SUI tokens. Coinbase Custody and BitGo are named as the custodians, and both offer institutional-level security.
SEC has up to January 18, 2026, to decide on the application, and can extend the application by not more than 240 days. Consistent with previous Bitcoin and Ethereum ETF approvals, the procedure includes checking the fraud prevention method, collecting prices, and keeping an eye on the market.
Ecosystem Sui has shown resilience after a $223 million hack of the Cetus protocol in May 2025. The Sui Foundation boosted confidence by developing a $10 million security fund and freezing $160 million of stolen funds.
Growing Altcoin ETF Market
The 21Shares SUI ETF filing represents the bigger altcoin ETFs’ intentions of getting into the U.S. market. Also indicating competitive interest in a Sui ETF was the filing of one by Canary Capital in April. The SEC is currently considering 72 ETF concepts that include cryptocurrencies such as Solana.
The total value of assets managed for European exchange-traded instruments listed on Euronext Paris and Amsterdam is $317.2 million. The period between May 16 and 24, 2025, saw an influx of 2.9 million. This success indicates the necessity of regulated exposure to SUIs.
Sui network is the eighth network in terms of total value locked because of its delegated proof-of-stake consensus and parallel transaction processing. This makes Sui a competitor of Solana due to its characteristics that enable high volumes of transactions.
If the SEC accepts it, Nasdaq will list and trade the exchange-traded fund (ETF) during market hours, posting intraday indicative values every 15 seconds. The fund manager will calculate the net asset value daily at 4:00 p.m. ET.
The registration is in the wake of a positive regulatory change towards crypto in the U.S., as President Trump ordered a friendlier approach by the SEC. This has led to altcoin ETF applications, which could transform institutional crypto investing.
Since early June, Sui is up 18% on the hopes of the ETF filing. A break above $3.50 might take SUI to $3.80 or $4.20, but a lack of ability to overcome resistance might result in a drop to $3.00 -$3.20.
