The spot SUI exchange-traded fund (ETF), which trades under the symbol TSUI, is now formally available for trading on Nasdaq, according to asset management company 21Shares.
The product is intended to provide U.S. investors with regulated exposure to the Sui token through brokerage accounts after receiving approval from the U.S. Securities and Exchange Commission (SEC) through a spot price structure, according to the official announcement.
Without actually purchasing or holding the token in digital wallets, investors can monitor the price of SUI through the ETF.
Instead of being a conventional firm, the fund is set up as a grantor trust. To guarantee the security of the assets, it is overseen by a number of custodians, such as Anchorage Digital Bank, BitGo New York Trust Company, and Coinbase Custody Trust Company.
Unlike 21Shares’ previous 2x leveraged SUI ETF, which was introduced in December 2025, TSUI is a non-leveraged product. According to Duncan Moir, President of 21Shares, the new fund was introduced with around $9.2 million in assets managed. Until October 8, 2026, there is no annual charge of 0.30%.
The company also pointed out that the ETF does not have the same protection as regular funds operating under the Investment Company Act of 1940 because it is not registered under the act.
21Shares warns that TSUI has a high level of volatility and that, if appropriate risk management is not used, investors may lose all their money. Additionally, it doesn’t offer direct token ownership.
The launch follows two other SUI ETFs that were recently launched. This includes Canary’s Canary Staked SUI ETF (SUIS) on Nasdaq and Grayscale’s Sui Staking ETF (GSUI) on NYSE Arca. Together, these funds offer both spot and staking exposure to SUI.
Other institutions, including Bitwise, Franklin Templeton, and VanEck, are also exploring similar products.
Despite the ETF launch, Sui remains under market pressure. At the time of writing, Sui is trading for $0.86, down about 0.25% in the past 24 hours. This adds up to a 10% fall in the last 7 days from a weekly high of $0.97.
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