US EditionSUI Rises 5% as Asset Manager 21Shares Files for ETF
- On May 2, 2025, 21Shares, a digital asset management firm, submitted a Form S-1 filing with the SEC to introduce a U.S.-based spot ETF designed to track the native token of the Sui blockchain, SUI.
- This filing comes after Canary Capital's comparable ETF proposal in March, during a period when the SEC is intensifying its examination of multiple spot cryptocurrency ETF requests.
- 21Shares revealed a collaboration with the Sui Foundation focused on developing new products and named Coinbase as the custodian for its proposed cash-settled ETF.
- Following the filing, SUI’s price jumped over 10% trading near $3.68 with a market cap around $12 billion, while President Duncan Moir called Sui “one of the most exciting blockchains.”
- The filing indicates 21Shares’ plan to expand its U.S. Crypto ETF offerings, though SEC approval remains uncertain and SUI’s price could consolidate or dip without renewed activity.
13 Articles
13 Articles
Sui Price To Go Ballistic As 21Shares ETF Hits SEC Website
Key Insights: Sui’s TVL and stablecoin use hit record highs. Technical bullish indicators suggest SUI price could surge 43% to $4.96. A spot Sui ETF has been filed with the SEC, signaling potential institutional inflows. Sui price fell 6.2% in the past 24 hours, now trading at $3.47. Its trading volume also dropped 17.8%, reaching $1.9 Billion as of 6:26 a.m. EST. This happens as 21Shares files an SUI ETF with the United States Securities and E…
Solana Challenger Sui Jumps After 21Shares Files for SUI Exchange-Traded Fund
The Solana ( SOL ) competitor Sui briefly ticked up in price on Thursday after news broke that the crypto exchange-traded fund (ETF) provider 21Shares filed for a spot SUI ETF in the US. SUI was trading around $3.56 prior to the announcement and jumped to a high of $3.75 a few hours later, an increa...
21Shares Files S-1 Registration with US SEC for SUI ETF
21Shares, a prominent issuer of crypto exchange-traded products, filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a SUI exchange-traded fund (ETF). This filing aims to allow investors to gain exposure to SUI, the native token of the Sui Network, a Layer-1 blockchain developed by Mysten Labs, directly through brokerage […] The post 21Shares Files S-1 Registration with US SEC for SUI ETF appeared first…
21Shares Moves to Launch SUI ETF on US Markets Soon - Crypto News Flash
21Shares has filed an S-1 with the SEC to launch a physically-backed SUI ETF in the U.S. Sui’s DeFi access, Bitcoin integration, and Web3 gaming push support institutional ETF interest. 21Shares doesn’t seem to want to miss the train when it comes to crypto ETFs. The Swiss investment firm has officially filed a Form S-1 with the United States Securities and Exchange Commission (SEC) to launch an ETF based on the SUI token. If approved, this prod…
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