Nasdaq Files for 21Shares’ Spot Sui ETF with SEC

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Nasdaq has officially requested SEC approval to list 21Shares’ spot Sui ETF, according to a May 23 19b-4 filing. This follows 21Shares’ April 30 S-1 submission, completing the necessary regulatory steps for launch.

The SEC now enters a review period, with an initial 45-day window to respond. The agency can extend deliberations up to 240 days, setting a final deadline of January 18, 2026.

BitGo and Coinbase Custody are named as custodians, though fee structures remain undisclosed. Canary Capital is the sole competitor in the Sui ETF race, having filed in April.

21Shares emphasized SUI’s role in staking, transactions, and governance as core to the ETF’s viability.

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