21Shares SUI and Polkadot Crypto ETFs Gain Market Attention After DTCC Listing

Jakarta, Pintu News – The crypto market was recently surprised by the announcement of the listing of two crypto ETFs, 21Shares SUI ETF (TSUI) and 21Shares Polkadot ETF (TDOT) by the Depository Trust & Clearing Corporation (DTCC). This indicates that they are likely to be approved by the United States Securities and Exchange Commission (SEC) soon.

DTCC Listing Opens Opportunity for SEC Approval

The two ETFs, comprising 21Shares SUI ETF and 21Shares Polkadot ETF, have appeared on the DTCC website, generating speculation and hope among investors and market watchers. ETF analysts from Bloomberg estimate the chances of approval by the SEC for the Polka dot and SUI ETFs at 90% and 60% respectively.

The final deadline for the SEC to give a decision is November for Polkadot and December for SUI. The commission has asked all ETF issuers to withdraw their 19b-4 forms in accordance with the Common Listing Standard for crypto ETFs. The move is interpreted as an attempt by the SEC to harmonize standards and requirements before giving the green light to these new products.

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Market Reaction to Listing Announcement

The listing announcement by DTCC has triggered a positive reaction from the market to the prices of SUI and Polkadot. SUI saw its price increase by 4% from a 24-hour low of $3.16, reaching a daily peak of $3.31. Currently, the price is at $3.23, although trading volume is down 12% in the last 24 hours, which may be influenced by fears of a US government shutdown.

Meanwhile, Polkadot recorded a rebound of 2% in the last 24 hours, with the current price at $3.90. The lowest and highest prices in 24 hours were $3.81 and $3.94, respectively. Trading volume also showed a decline of 24%, signaling a decrease in interest among traders.

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Impact of US Jobs Data and Fed Rate Policy

The recently released JOLTS jobs data from the US showed slightly higher than expected numbers, signaling that the labor market in the US is still resilient. However, this does not change market estimates that predict two interest rate cuts by the Federal Reserve (Fed) this year.

This provides a broader context to market reactions to crypto ETFs and larger macroeconomic dynamics. Crypto markets are often sensitive to changes in monetary policy as they can affect global liquidity and investor risk appetite. Therefore, the Fed’s decision on interest rates will continue to be an important factor affecting the prices of crypto assets, including SUI and Polkadot.

Conclusion

DTCC’s listing announcement for the 21Shares SUI and Polkadot ETFs marks an important step in the evolution of the crypto market. Although still awaiting official approval from the SEC, market optimism is evident through positive price reactions. Investors and market watchers will continue to monitor this development, which could have a significant impact on wider crypto adoption.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. 21Shares’ SUI and Polkadot ETFs Gain DTCC Listing. Accessed on October 3, 2025
• Featured Image: Decrypt