21Shares Launches Spot Sui ETF Filing, Signaling Major Blockchain Expansion

Crypto asset manager 21Shares has announced its intent to launch the first-ever spot Sui ETF in the U.S., marking a significant development for the blockchain ecosystem. The filing, submitted to the SEC, follows similar applications from other players like Canary Capital. This marks a turning point as it grants investors direct exposure to the price of SUI without directly acquiring the asset. Notably, 21Shares’ ETF will exclude staking strategies for yield generation.