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

Bitwise's Sui ETF Application

Bitwise, an important 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 a first step in the application, Bitwise submitted Form S-1 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 stock 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. 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 drawing the attention of investors. The launch of such new products indicates a desire to build greater confidence in crypto assets and increase investor participation.

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