21shares Rolls Out Spot SUI ETF on Nasdaq with 0.30% Fee
21shares launched the Spot SUI ETF (TSUI) on Nasdaq February 24, charging a 0.30% fee and allowing U.S. investors to access SUI without managing wallets. This unleveraged product complements 21shares’ 2x long SUI ETP after SUI recorded $6.5B in 30-day DEX volume and $100B in six-month stablecoin transfers.
1. ETF Launch Details
On February 24, 2026, 21shares US LLC began trading the Spot SUI ETF (TSUI) on Nasdaq under ISIN US90137U1007. The product charges a 0.30% annual fee, enabling investors to gain direct SUI exposure via brokerage accounts without holding digital wallets or private keys.
2. SUI Network Growth
SUI, a Layer 1 blockchain built with the Move programming language, has processed $6.5 billion in decentralized exchange volume over the past 30 days and maintained over $100 billion in stablecoin transfer volume for six consecutive months. Its object-centric architecture supports high-speed, low-latency payments and tokenization.
3. Strategic Implications for 21shares
The launch of TSUI provides an unleveraged alternative to the existing 2x long SUI ETP (TXXS), broadening investor choice across risk profiles. This move underscores 21shares’ strategy to deepen U.S. market penetration and capitalize on institutional and retail demand for regulated crypto exposure.