The 21Shares Sui ETF has updated its SEC filing to include staking features on the Sui blockchain, with listing planned on Nasdaq. Partners include Coinbase for staking and custody, and The Bank of New York Mellon for cash assets, enabling investors to earn rewards indirectly through the fund.
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Staking Integration: The ETF will stake Sui assets via Coinbase, generating rewards that boost fund value without direct investor management.
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Nasdaq Listing: Shares will trade under Rule 5711(d), ensuring regulated access to Sui exposure for institutional and retail traders.
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Market Impact: Post-filing, Sui token price rose from $2.40 to $2.47, with futures open interest up 3% to $823 million, per CoinGlass data.
Discover the 21Shares Sui ETF update: Staking details, Nasdaq listing, and key partners revealed. Earn passive rewards on Sui blockchain securely. Stay ahead in crypto investments today.
What is the latest update on the 21Shares Sui ETF?
The 21Shares Sui ETF has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission, incorporating staking provisions for the Sui blockchain. This update, submitted after the government shutdown and market closure on October 23, 2025, outlines how the fund will generate rewards for investors indirectly. It also confirms Nasdaq as the trading venue and identifies major partners, enhancing the product’s appeal for regulated crypto exposure.
How does staking work in the 21Shares Sui ETF?
The 21Shares Sui ETF introduces staking to allow holders to benefit from Sui network rewards without handling private keys or operating nodes. Under the “Staking of Trust’s Assets” section in the filing, the fund will allocate its Sui holdings to staking activities. Coinbase, as the designated staking partner through a two-year agreement, will handle transaction validation, block creation and approval, and overall token security on the blockchain.
Any staking rewards earned will be returned to the trust, directly increasing the ETF’s net asset value. This mechanism provides a passive income stream, potentially setting the Sui ETF apart from standard crypto products. While the filing details the process, it omits specifics on the trading ticker or expense ratios, which 21Shares expects to disclose in future submissions once plans are finalized.
Experts highlight that this staking feature could improve returns compared to non-staking funds. As noted by blockchain analysts, integrating staking offers one of the first regulated vehicles for U.S. investors to access Sui’s proof-of-stake rewards alongside market liquidity. Data from the Sui network shows average annual staking yields around 5-7% historically, though these can fluctuate based on network participation and governance decisions.
Frequently Asked Questions
What are the key partners involved in the 21Shares Sui ETF?
The 21Shares Sui ETF partners with Coinbase for staking services and cryptocurrency custody, where it will manage Sui tokens, validate transactions, and distribute rewards. The Bank of New York Mellon serves as the cash custodian, overseeing all non-digital assets. These selections ensure robust security and compliance, though the filing does not yet specify transfer or marketing agents.
Will the 21Shares Sui ETF be available on Nasdaq?
Yes, the 21Shares Sui ETF is set to list and trade on the Nasdaq exchange under Rule 5711(d), which applies to commodity-based trust shares. This placement guarantees adherence to high regulatory standards, providing investors with a familiar and liquid trading environment for Sui exposure without direct token ownership.
Key Takeaways
- Staking Enhances Returns: The ETF’s integration of Sui staking via Coinbase allows indirect reward earning, potentially yielding 5-7% annually based on network data, boosting overall fund performance.
- Regulated Nasdaq Access: Listing on Nasdaq under established rules ensures secure, efficient trading, appealing to both retail and institutional investors seeking compliant crypto products.
- Positive Market Response: Following the filing, Sui’s price increased 3% to $2.47, with open interest rising 7% to $823 million per CoinGlass, signaling strong trader confidence.
Conclusion
The updated filing for the 21Shares Sui ETF marks a significant step toward SEC approval, with Sui ETF staking details and confirmed partners like Coinbase and The Bank of New York Mellon positioning it as an innovative option for blockchain exposure. This development underscores growing institutional interest in Sui’s scalable network. As regulatory hurdles clear, investors should monitor upcoming disclosures on fees and tickers to capitalize on this evolving opportunity in the crypto ETF landscape.
