Bitwise has filed for an ETF with the SEC.

Bitwise's Sui ETF Application

Bitwise, a significant player in the cryptocurrency asset management field, has officially applied to the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) based on the Sui token. This application has the potential to create new opportunities for cryptocurrency investors.

Application Details

As the first step in the application process, Bitwise submitted the S-1 form for the Bitwise Sui ETF to the SEC. The fund is planned to track the spot price of Sui, the native token of the Sui network. However, the fund's stock symbol has not yet been disclosed.

Sui's Position in the Market

As of 2025, there are no ETFs that include Sui among those approved and launched by the SEC. Prior to Bitwise's application, Canary Capital and 21Shares had also applied for a Sui ETF in March and April of this year.

The potential of the Sui token and Bitwise's ETF application are attracting investor attention. The introduction of such new products indicates a desire to build greater confidence in cryptocurrency assets and to increase investor participation.

It should be noted that the information provided here is not investment advice. You should exercise caution in your investment decisions.