Grayscale Launches Sui Staking ETF on NYSE Arca with Staking Rewards
Grayscale launched the Sui Staking ETF (GSUI) on NYSE Arca, offering direct exposure to the SUI token plus staking rewards net of fees. The non-40 Act ETP carries high volatility and illiquidity risk as staked SUI locks tokens for protocol-defined periods.
1. Launch and Listing
On February 18, 2026, Grayscale introduced its Sui Staking ETF, GSUI, which began trading on NYSE Arca, providing investors with a first-of-its-kind exchange-traded vehicle focused on the SUI blockchain.
2. Fund Structure and Risk
GSUI is structured as a non-40 Act exchange traded product, exposing it to heightened regulatory and liquidity risks; its net asset value may incorporate staking rewards after fees, but remains subject to sharp price swings.
3. Staking Mechanism and Potential Rewards
The ETF engages in delegated proof-of-stake on the Sui network, locking tokens for specified durations to secure transactions and earn rewards, while facing risks like lock-up illiquidity, network downtime, or validator failures.