The post Grayscale Files S-1 for a SUI ETF After 21Shares’ Strong Debut appeared on BitcoinEthereumNews.com.

Key Insights Grayscale filed an S-1 to launch its own SUI ETF. In the filing, the firm described the product as a proposed SUI ETF that would let investors access the Sui ecosystem through a publicly traded vehicle. On Tuesday, the firm launched the first U.S. Chainlink ETF on the NYSE Arca. Grayscale has filed an S-1 to launch its own SUI ETF. The filing comes only days after 21Shares listed the first Sui-focused ETF on Nasdaq. This now sets up direct competition in a fast-moving market. Grayscale Submits S-1 Registration Form for SUI ETF Grayscale has filed a new S-1 registration statement with the SEC, seeking approval for what it calls the “Grayscale Sui Trust.” In the filing, the firm described the product as a proposed SUI ETF that would let investors access the Sui ecosystem through a publicly traded vehicle. The company said it is expanding its ETF lineup after rolling out several single-asset products this year. The new trust is meant to track the market performance of SUI, minus fees and expenses. According to Grayscale, the goal is to offer a simple and regulated way for investors to gain exposure to SUI without handling the asset on their own. The new filing arrives only days after 21Shares introduced the first leveraged SUI ETF in the United States. The fund, listed on Nasdaq under the ticker TXXS, offers twice the daily exposure to SUI’s price. It does this through derivatives rather than holding the token itself. According to 21Shares, the product is built for short-term traders looking to ride rapid market swings. On its first day, it closed at $24.57 with more than 4,700 shares traded. It also became the first U.S.-listed ETF tied directly to the Sui blockchain. Earlier this year, Canary Funds made its own push…

---

Filed under: News - @ December 7, 2025 5:02 am