Bitwise filed for an ETF with the SEC.

Bitwise's Sui ETF Application

A significant player in the cryptocurrency asset management field, Bitwise, has officially submitted an application 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 of the application, Bitwise has 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 stock symbol for the fund has not yet been disclosed.

Sui's Market Position

As of 2025, Sui is not among the ETFs approved and launched by the SEC. Before 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 investors' attention. The launch of such new products demonstrates a desire to build more confidence around 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.