Nasdaq Files for SEC Approval to List 21Shares SUI ETF

On June 11, 2025, Nasdaq filed an official application with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, according to documents published in the SEC's public register. The filing includes the 19b-4 form and follows a previous S-1 registration submitted by 21Shares in April, marking the formal start of the SEC’s review process.

The proposed ETF would provide direct exposure to the digital asset SUI, the native token of the Sui blockchain. If approved, it would offer both institutional and retail investors regulated access to SUI within a traditional financial framework.

While the crypto community has responded positively, there have been no official statements from the Sui Foundation leadership or 21Shares representatives regarding the filing. The SUI ETF is seen as an important step toward broader adoption of the Sui network and increased institutional legitimacy.

The SEC’s approval process may take several months and includes the assessment of risks, product structure, and market impact. This move reflects Nasdaq’s continued efforts to integrate digital assets into regulated financial market infrastructure.