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

Bitwise's Application for Sui ETF

Bitwise, a significant player in the crypto asset management space, 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 has the potential to create new opportunities for crypto investors.

Application Details

As the first step in the application, Bitwise submitted the S-1 form for the "Bitwise Sui ETF" to the SEC. The fund is intended 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 currently no ETFs involving Sui that have been approved and launched by the SEC. Prior to Bitwise’s application, Canary Capital and 21Shares 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 launch of such new products demonstrates the desire to build more confidence in crypto assets and increase investor participation.

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