Based on Coinotag, Grayscale Investments has filed an S-1 with the SEC to launch the Grayscale Sui Trust, offering regulated exposure to the SUI token. This follows 21Shares’ recent listing of the first U.S. leveraged SUI ETF on Nasdaq, signaling growing institutional interest in Sui blockchain assets. Grayscale’s filing expands single-asset crypto products beyond Bitcoin and Ethereum, targeting Sui’s high-performance blockchain. 21Shares’ TXXS ETF provides 2x daily leveraged returns, while Grayscale’s trust aims to track SUI’s market price without direct custody. Sui’s market cap reached over $5 billion in late 2024, with transaction speeds up to 297,000 per second. The move reflects broader market maturation and growing demand for altcoin exposure in 2025.
Grayscale Files S-1 for SUI ETF as 21Shares Launches First U.S. Leveraged SUI ETF
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