21Shares Debuts Spot SUI ETF on Nasdaq, Expanding Access to Sui Exposure
21Shares has introduced a new exchange-traded fund tied to Sui, launching the 21Shares Spot SUI ETF as investor appetite for products linked to the blockchain continues to build.
The ETF started trading this week on Nasdaq under the ticker TSUI. The rollout adds to the firm’s existing SUI offerings, following the December launch of its leveraged 21Shares 2X SUI ETF, which provided amplified exposure to the token’s price movements.
According to Duncan Moir, president of 21Shares, the new product offers a simpler structure for investors seeking direct, spot-based exposure to Sui without leverage. The firm framed the launch as part of a broader push to broaden institutional and retail access to emerging blockchain ecosystems.
The listing comes shortly after rival issuers brought their own spot SUI products to market, including the Canary Stake SUI ETF and the Grayscale Sui Staking ETF, both of which began trading last week.
