21Shares files for US spot Sui ETF after European launch
Summary
21Shares has filed for a spot Sui exchange-traded fund (ETF) in the United States, submitting the Form S-1 registration to the SEC on April 30. The proposed 21Shares Sui ETF aims to track the performance of SUI tokens held by its US subsidiary, without using leverage or derivatives. The filing does not specify a ticker symbol or the exchange for trading. Canary Capital previously filed for a Sui ETF on March 17, with Cboe BZX Exchange seeking clearance for its listing. Sui-based exchange-traded products (ETPs) have been trading in Europe, with $400 million in assets under management as of April 25. Year-to-date, Sui ETPs have attracted $72 million in inflows. Over 70 crypto ETF filings are currently awaiting SEC decisions.
