From Cointelegraph

May 27, 2025 9:05 PM:

Nasdaq files for 21Shares SUI ETF in the US, starting SEC review process. Decision due by Jan. 18, 2026. 21Shares proposes BitGo and Coinbase Custody as custodians. Canary Capital also files to list SUI ETF. SUI token used for staking, gas fees, liquidity, and governance in Sui network. SUI ecosystem rivals Solana. SUI cryptocurrency ranked 13th with $12.3 billion market cap.

21Shares plans to expand SUI offerings in the US. SUI ETPs in Europe have $317.2 million AUM, with $2.9 million inflow in May. SUI ETPs trail Bitcoin, Ether, Solana, and XRP in net assets. SUI-based products listed on Euronext Paris and Euronext Amsterdam exchanges. TradFi explores Ethereum L2s for tokenizing trillions in RWAs.

Read more at Cointelegraph: Nasdaq files for 21Shares Sui ETF, kicking off SEC review