Investors may soon gain exposure to Sui (SUI) via an ETF, as Nasdaq filed for 21Shares’ spot product on May 23. The SEC must now review the 19b-4 application, following 21Shares’ earlier S-1 submission.
The approval process could take months, with a final decision due by January 2026. BitGo and Coinbase Custody will safeguard the underlying assets, though management fees are still unknown.
Canary Capital is the only other firm vying for a Sui ETF, signaling growing institutional interest. 21Shares’ filing underscores SUI’s utility—staking, fees, liquidity, and governance—as foundational to the fund’s appeal.
