TechFlow, June 11 — Nasdaq has filed an application 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. The 19b-4 filing has now been officially published in the SEC’s public registry, marking the formal start of the review process.
This latest application follows the S-1 registration document submitted by 21Shares in April, reflecting growing institutional adoption of the Sui ecosystem. Together, these filings advance the path toward launching a SUI ETF in the U.S. market. A successful listing would further expand investor access to this innovative Layer 1 platform known for its high performance and practical applications. 21Shares currently offers a Sui ETP listed on Euronext exchanges in Paris and Amsterdam, which has seen significant capital inflows this year.
Beyond 21Shares, Sui’s technology has attracted interest from institutions including Canary Capital, Ant Group, Franklin Templeton, VanEck, and Grayscale, all of which have launched investment products or related initiatives on Sui since last year’s fourth quarter.
