BCGAME - Free 5BTC Daily Bonus!- ETF Sui Token May Facilitate Institutional Access to SUI
- Interest in altcoin ETFs continues to rise in the US
- Nasdaq files for crypto-focused ETF
Nasdaq filed a formal request with the U.S. Securities and Exchange Commission (SEC) to list a new exchange-traded fund (ETF) tied to the SUI token, the native asset of the Sui blockchain. The request was made via Form 19b-4, a procedure required for the proposal to advance toward regulatory approval.
According to official filings, Nasdaq has submitted a 19b-4 application to the US Securities and Exchange Commission (SEC) for the 21Shares SUI ETF.https://t.co/j3YdFgy8TI
- Wu Blockchain (@WuBlockchain) May 27, 2025
The initiative represents a collaboration with asset manager 21Shares, which specializes in cryptocurrency-linked financial products. The proposed ETF, if authorized, will allow investors to gain exposure to SUI without having to directly purchase or hold the tokens. This represents a more accessible and secure alternative for traditional institutions and investors interested in the decentralized finance (DeFi) ecosystem.
The Sui blockchain stands out for its high scalability and efficient support for smart contracts, making it an attractive platform for Web3 projects. Including SUI in an ETF can significantly increase its visibility in the market and favor its liquidity.
Nasdaq’s move with the 21Shares SUI ETF reflects a growing market appetite for altcoin-backed financial products. In recent months, other cryptocurrencies such as Solana, XRP and Litecoin have also become part of similar ETF proposals, signaling a broadening of the portfolio beyond Bitcoin and Ethereum.
According to Eric Balchunas, senior analyst at Bloomberg, expectations for the approval of altcoin-based ETFs are optimistic. He estimates that several of these products have more than a 75% chance of receiving the green light from the SEC, strengthening the presence of crypto assets in the traditional market.
SUI's entry into this segment consolidates the trend of integration between traditional finance and digital assets, expanding the range of investments available to the institutional market and attracting new capital flows to emerging blockchains.
