Bitwise has completed its application to the SEC for a Sui ETF.

Bitwise Submits 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 offer an exchange-traded fund (ETF) based on the Sui token. This application holds the potential to create new opportunities for crypto investors.

Application Details

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

Sui's Position in the Market

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

The potential of the Sui token and Bitwise's ETF application have caught the attention of investors. The launch of such new products indicates a desire to build more trust in cryptocurrency assets and increase investor participation.

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