Crypto Drama: Nasdaq’s SUI ETF Gets the Green Light? Find Out! 🔥

Nasdaq has officially thrown its hat into the ring—filing for the 21Shares SUI ETF. Someone’s ambitious, huh?
The Sui ecosystem is riding high with a cool $300M in global ETP investments. Yep, quite the party.
The SEC is now on the case, decision expected by Jan. 18, 2026. Plenty of time to grab popcorn.
SUI is trading at $3.49, with a market cap of $11.87B—because why not?

SUI token logo A big 19b-4 version of the 21Shares SUI ETF has been filed with the SEC, destined to land on Nasdaq. Basically, a master plan to let regulated folks dip into the SUI blockchain without getting their hands dirty. The SEC will wave its magic wand and publish the filing on June 10, 2025—that’s when the real fun begins. This comes hot on the heels of the April S-1 registration, showing institutional investors are hungry for Sui. Who knew?

The ETF plans to track the current price of SUI—the utility token for the high-speed Layer 1 Sui network blockchain. Making it easier for Americans to jump into the Sui pool—over $300 million has already been splashed into SUI-based ETFs abroad. So, yeah, everyone’s betting the farm.

SUI is trading at $3.49—down 1.24% in the last 24 hours, because of course it can’t just stay still. Its market cap? A hefty $11.87 billion. And with a daily trading volume near a billion dollars—$972.06 million—it’s kind of a big deal.

Institutional Love for Sui Is Real

Sui’s ecosystem has been making waves—think object-oriented programming and scalability—allowing DeFi, gaming, and even real-world assets to get in on the action. Its stablecoin’s market cap? Over $1.1 billion, up 190 percent in 2025. May alone saw stablecoin transfers top $110 billion. That’s a lot of zeros.

In its filing, Nasdaq seems pretty keen on Sui attracting institutional investors. No need to actually hold SUI tokens, just invest through the ETF. Coinbase Custody and BitGo are onboard, offering institutional-grade security—because, of course, nobody wants their crypto to go ‘poof!’ overnight.

The SEC has until January 18, 2026, to get its act together. They might extend the review by up to 240 days. Typical process: check for fraud, gather prices, and keep an eye on the market—nothing fancy, just the usual dance.

Sui has shown resilience after a $223 million hack of the Cetus protocol earlier this year. To make amends, the Sui Foundation tossed in a $10 million security fund and froze $160 million of stolen funds—yeah, they’re serious about not letting hackers win.

Altcoin ETFs Are Here To Stay (Apparently)

The filing of the 21Shares SUI ETF is just the tip of the iceberg in a rising wave of altcoin ETF ambitions. Canary Capital also jumped into the ring in April. Currently, the SEC is mulling over 72 ETF ideas that include names like Solana—because why not diversify your crypto heartbreak?

European markets are already riding the ETF wave with $317.2 million in assets on Euronext Paris and Amsterdam. Plus, a recent influx of 2.9 million in assets between May 16-24, 2025, shows the appetite for regulated crypto exposure is sky-high.

Sui has secured its spot as the eighth network in terms of total value locked—thanks to delegated proof-of-stake and parallel processing. Moving fast, competing for attention with Solana and friends.

If the SEC gives the thumbs up, Nasdaq will list the ETF and keep it lively during market hours with updates every 15 seconds. The fund’s NAV will be calculated daily at 4:00 p.m. ET—because what’s life without a little routine?

All this comes amidst a surprisingly friendlier regulatory climate in the US, thanks to President Trump’s order for the SEC to lighten up. Who knew regulation could be so optimistic? This has opened floodgates for altcoin ETF applications, promising a whole new way for institutions to get into crypto.

Since early June, Sui’s price has surged 18% on hopes of ETF approval. Break above $3.50 might push SUI to $3.80 or even hit $4.20. But hey, if it can’t bust through resistance? Well, expect a dip down to $3.00–$3.20. Such is crypto life, folks.

2025-06-11 22:20

Crypto Drama: Nasdaq’s SUI ETF Gets the Green Light? Find Out! 🔥

Institutional Love for Sui Is Real

Altcoin ETFs Are Here To Stay (Apparently)

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