21Shares to fully implement US listing of Sui physical ETF... Nasdaq submits formal application to SEC

21Shares, one of the world's largest digital asset ETP issuers, has fully launched the U.S. listing of its Sui-based spot exchange-traded index fund (ETF).
On the 11th, Nasdaq announced that it would actively promote the 21Shares Securities Exchange (SEC).
The 19b-4 filing for the ETF listing has been formally submitted and is now registered in the SEC public register, officially commencing the review process.
This is the second official move for Sui ETFs to enter the U.S. market, following 21Shares' S-1 registration application in April, and represents an opportunity for the Sui ecosystem.
This is a clear example of the growing trust and interest of investors in the Sui-based global ETP. More than $300 million has already flowed into the Sui-based global ETP, and this U.S. listing marks the first time that the Sui-based global ETP has attracted such a large amount of capital.
21Shares is currently listed on the Euronext Paris and Amsterdam exchanges.
The company has listed ETPs and has seen a sharp increase in capital inflows since the beginning of this year.
In addition to 21Shares, Canary Capital, Ant Financial, Franklin
Since the fourth quarter of last year, major institutions such as Templeton, VanEck, and Grayscale have successively participated in SUI-based investment products and infrastructure projects,
Kevin Boon of Mysten Labs, the developer of the game, is driving the expansion of the system.
The CEO said, "The Sui ecosystem is driven by developers and institutional investors who seek real value.
"21Shares has recognized this trend before anyone else and has carved out a unique position for itself by establishing itself as the leading platform for first-time investors."
"Looking back at the fact that we launched our mainnet just two years ago, this Nasdaq listing application is extremely important for Sui.
This is a significant milestone. It is very meaningful in that together with 21Shares we are creating a world where all investors can access Sui."
Sui is the only crowd-friendly block built on an object-oriented programming model and a unique extensible type structure.
It is a chain that covers various real-world use cases such as DeFi, games, and tokenization of real assets. It is currently ranked 8th in terms of total deposited assets (TVL), and has a stable Sui account.
The coin market size exceeded $1.1 billion, up more than 190% from the beginning of the year. In addition, the amount of stable coins transferred in the Sui ecosystem in the month of May 2025 was $110 billion.
It exceeded the limit.