SUI Gains Institutional Backing With 21Shares ETF Bid

SUI is gaining traction in the markets following a bold move by 21Shares, which has filed to launch a U.S.-based ETF tied to the Layer-1 blockchain.

The Switzerland-based asset manager, known for its crypto investment products, is betting on Sui’s potential as part of a broader push into the American market.

The ETF application, submitted to the SEC, coincides with a strategic partnership between 21Shares and the Sui network’s core team. The alliance aims to deliver new financial products, co-branded research, and tools to deepen institutional access to Sui’s ecosystem.

According to executives from both sides, the collaboration is rooted in a shared belief that Sui could emerge as a foundational layer for global digital asset coordination.

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The ETF, if approved, would mark a major milestone in bringing exposure to SUI through traditional investment channels.

Investors appear to be responding quickly, with SUI’s price rallying on the news.

The filing has sparked speculation about broader institutional involvement and potential mainstream recognition for the blockchain, which has been positioning itself as a high-performance infrastructure for scalable Web3 applications.

Alexander Stefanov