Grayscale Files New S-1 for SUI ETF Following 21Shares’ Successful Fund Launch

Updated

December 8, 2025

Gambar Grayscale Files New S-1 for SUI ETF Following 21Shares’ Successful Fund Launch

Jakarta, Pintu News – In the ever-evolving world of crypto investment, Grayscale and 21Shares introduced innovative SUI ETF products. Both companies are competing to meet the high market demand for these digital assets.

Grayscale recently filed S-1 documents to launch the Grayscale Sui Trust, while 21Shares has successfully launched the first leveraged SUI ETF in the United States.

Launch and Innovation by 21Shares

21shares etp btc sol xrp — Source: Cryptokoin

21Shares has led the market by launching the first leveraged SUI ETF on Nasdaq, named TXXS. This ETF offers double exposure to SUI price movements on a daily basis through derivatives.

On the first day of trading, TXXS traded 4,700 shares and closed at $24.57. This marks a major step in increasing Sui’s liquidity and visibility in the financial markets.

This ETF not only increases Sui’s visibility but also attracts investors who want to capitalize on market volatility without having to manage assets directly. The successful launch also demonstrates Sui’s growth potential in the digital finance ecosystem, especially with the recent addition of Sui to the Vanguard index.

Grayscale Following the Trail

Responding to the success of 21Shares, Grayscale did not want to be left behind by filing an S-1 for Grayscale Sui Trust. The aim of the product is to track SUI prices by reducing fees and providing regulated access without requiring wallet management or storage by investors.

Grayscale Sui Trust is designed to provide an easier way for investors to gain exposure to SUI. Grayscale is already known for its innovative products and the addition of Sui Trust is the latest step in their strategy to expand their range of crypto-related ETF products.

The product offers an alternative for investors seeking exposure to the crypto market without the immediate risks of digital asset ownership.

Growing Demand and Prospects for SUI

Demand for SUI funds has shown a significant increase, as seen in the numerous new applications by asset management companies.

Canary Funds, for example, has also submitted an application for a spot SUI ETF earlier this year. This shows strong interest from institutional and retail investors in the Sui ecosystem.

Sui continues to show strength in the DeFi ecosystem with increasing liquidity in lending platforms, decentralized exchanges, and derivatives. Moreover, the network’s real asset tokenization activities are adding to its momentum.

Despite experiencing short-term price fluctuations, analysts see these price drawdowns as temporary, with rising TVL and real asset activity as indicators of long-term strength.

Overall, with the launch of new SUI ETF products by Grayscale and 21Shares, as well as increased interest from various parties in the market, the future of Sui looks bright. These initiatives not only strengthen Sui’s position in the global market but also provide new opportunities for investors to engage in this digital revolution in a safer and more organized way.

FAQ

What is the SUI ETF launched by 21Shares?

The SUI ETF launched by 21Shares is a leveraged product that provides double exposure to Sui’s daily price movements through derivatives, and has been traded on the Nasdaq.

How does Grayscale Sui Trust work?

Grayscale Sui Trust is designed to track the price of SUIs at a reduced cost, providing regulated access without requiring wallet management or storage by investors.

Why is there an increased demand for SUI funds?

The increased demand for SUI funds is due to the growth of the DeFi Sui ecosystem, increased liquidity, and strong interest from institutional and retail investors.

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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. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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