Nasdaq Files for 21Shares Sui ETF, Kicking Off SEC Review
- On May 23, 2025, 21Shares submitted a Form 19b-4 to Nasdaq seeking approval to launch a spot ETF based on the Sui blockchain’s native token, beginning the regulatory review by the SEC.
- The filing follows earlier S-1 registration on April 30 and reflects growing demand for blockchain ETFs beyond Bitcoin and Ethereum, with Canary Capital also filing for a Sui ETF.
- The ETF would provide investors indirect exposure to the SUI token, which powers the Sui blockchain, a Layer 1 platform for smart contracts and DeFi applications.
- The SEC must decide by January 18, 2026, but can delay up to 240 days, while SUI’s market cap stands at $12.3 billion and its price rose 6.57% after the filing.
- If approved, 21Shares’ Sui ETF could enhance institutional adoption and mainstream awareness of the blockchain, amid ongoing price volatility and technical signals indicating potential recovery.
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SUI Price Jumps as 21Shares Files for First SUI ETF on Nasdaq
Key Insights: 21Shares filed to list the first spot-based SUI ETF on Nasdaq. ETF will track CME CF Sui-Dollar Rate with no leverage or derivatives. SUI price surged following the Nasdaq ETF listing proposal filing. 21Shares has filed to list the first-ever SUI ETF on Nasdaq, fueling a rally in SUI price. The filing proposes a spot-backed trust structure, triggering investor demand for institutional exposure to the Sui blockchain’s native asset.…


Nasdaq files for 21Shares Sui ETF, kicking off SEC review
Nasdaq has filed with the SEC to list 21Shares spot Sui ETF, joining Canary Capital as the only other issuer bidding to launch a similar product.
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