21Shares’ Proposed SUI ETF Hits Milestone as Nasdaq Files for U.S. Listing

Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, a spot exchange-traded fund based on the SUI token. This 19b-4 filing, now officially posted to the SEC’s public register, marks the formal beginning of the review process. The move follows 21Shares’ April S-1 registration filing and reflects a deepening institutional embrace of the Sui ecosystem. Together, these filings aim to bring a Sui ETF to U.S. markets, expanding access to the breakthrough Layer 1 ecosystem known for its performance and utility.

With more than $300 million already invested in SUI-based exchange-traded products globally, a U.S. listing would significantly broaden access to this ecosystem. 21Shares already lists a Sui ETP on the Euronext Paris and Amsterdam exchanges, and flows into those products have risen sharply this year. The Sui ecosystem has attracted notable institutions such as Canary Capital, Ant Financial, Franklin Templeton, VanEck, and Grayscale, all of which have launched investment products or initiatives on Sui since Q4 of last year.

Read the whole article at: blog.sui.io