Third Spot SUI ETF Goes Live as 21Shares Fund Launches on Nasdaq

The SUI ETF, TSUI, issued by 21Shares, began trading today on Nasdaq, the third spot SUI product to launch within a week. The fund allows U.S. investors to access SUI through brokerage accounts without holding tokens directly. 21Shares introduced the product following recent regulatory clearance, expanding its U.S. crypto ETF lineup.

21Shares SUI ETF Expands U.S. Crypto Access

The company release said the SUI ETF trades under the ticker TSUI and provides spot-based exposure to the SUI token. Investors gain price-linked access without managing private keys or digital wallets. However, TSUI is not registered under the Investment Company Act of 1940 and does not carry the same protections as ’40 Act funds.

The issuer states the fund carries significant risk and volatility. It also warns that investors could lose their entire investment. Moreover, an investment in TSUI does not represent direct ownership of SUI tokens.

Earlier, 21Shares launched a leveraged SUI product offering 200% daily exposure through derivatives. That product debuted in December 2025. Now, the spot SUI ETF provides an unleveraged alternative for investors seeking direct price exposure.

Duncan Moir, President of 21Shares, said the launch builds on the firm’s earlier leveraged product rollout. Meanwhile, Evan Cheng, co-founder and CEO of Mysten Labs, described TSUI as another access point for Sui’s blockchain ecosystem.

Three SUI ETFs Launch Within Days

The 21Shares SUI ETF follows two other listings this week. Canary Capital introduced the Canary Staked SUI ETF under the ticker SUIS on Nasdaq. Shortly after, Grayscale listed the Grayscale Sui Staking ETF, ticker GSUI, on NYSE Arca. The three funds provide spot and staking-based exposure structures. 

Additionally, institutions such as Bitwise, Franklin Templeton, and VanEck are exploring related Sui products. Sui operates as a Layer 1 blockchain founded by former leaders of Meta’s Diem and Libra projects. The network recorded $6.5 billion in 30-day decentralized exchange volume. It also processed over $100 billion in stablecoin transfers for six consecutive months.

21Shares recently expanded its U.S. presence after its acquisition by FalconX, a digital asset prime broker. The firm continues to add crypto exchange-traded products across jurisdictions.

SUI Price Movement and Broader Flows

Despite the ETF activity, the SUI price remains under pressure alongside the broader crypto market. At press time, the SUI Price was at $0.8684, up 0.35% in the past hour. However, the token declined 2.20% over 24 hours and 11% during the past week.

Source: TradingView

Price previously approached $0.98 before reversing lower. Support now is between $0.84 and $0.85. Immediate resistance appears between $0.875 and $0.88, followed by $0.90 and $0.92.

According to SosoValue, U.S. spot Bitcoin ETFs recorded $204 million in net outflows. Ethereum spot ETFs posted $49.48 million in outflows. Meanwhile, VanEck’s HODL logged a $6.35 million inflow, while BlackRock’s ETHA saw $45.38 million in outflows.