SUI

SUI

SUI price is attempting a to reclaim a key psychological level as the 21Shares Spot SUI ETF begins trading on Nasdaq. Sui was trading at $0.8786 at press time, up 3.4% in the past 24 hours. The token has struggled…

The U.S. Securities and Exchange Commission has approved the 21Shares Spot SUI ETF. The product began trading on the Nasdaq under the ticker TSUI today and carries a 0.30% management fee. The launch adds to growing institutional access to Sui. The Grayscale Sui Staking ETF started trading on NYSE Arca on February 18. The product was converted from an over-the-counter trust and offers 100% staking with 0% fees, and rewards are reflected in the fund’s net asset value. Canary Staked SUI ETF also launched on Nasdaq on February 18. These products allow investors to gain exposure through brokerage accounts. The approval has drawn attention to SUI price action and market structure. Sui Network and Institutional Access Sui network focuses on speed, low transaction costs, and scalability and was developed by former Meta engineers and product experts. The protocol includes zkLogin, which allows onboarding through Google or Apple accounts. The system uses the Move programming language, which is designed with a security-first framework to reduce exploits. 21Shares describes TSUI as a streamlined way to gain exposure to Sui. As a result, investors can access the asset without holding tokens directly following the recent SEC clearance. Sui Leads Layer 1 Token Volume in 2026 From January 1 to February 22, 2026, Sui recorded $43.4 billion in cumulative token volume, placing it ahead of TRX at $35.8 billion and ADA at $32.4 billion. The margin between Sui and other Layer 1 networks stood out. Trading activity remained concentrated in SUI markets during this period. Capital rotated toward SUI instead of dispersing evenly across peers. Source: X Data shared on social platform X showed Sui leading networks such as Cardano and Avalanche. Elevated trading activity occurred alongside steady positioning. Liquidity remained focused within the SUI ecosystem. The volume leadership coincided with the ETF announcements. Market participants are assessing whether this trend reflects structural growth or short-term rotation. SUI Price Structure and Key Technical Levels On the daily chart, the SUI price trades within a tight consolidation range. The token has recorded repeated closes near the $0.86 to $0.87 zone, which has acted as short-term support. The SUI price remains below the 0.236 and 0.382 Fibonacci retracement levels. This indicates limited recovery momentum. The 0.786 Fibonacci level sits near $0.846, close to the current price; consequently, a break below $0.86 could open the path toward $0.79. The Relative Strength Index stands at 31.47, with SUI near oversold conditions. However, no confirmed reversal signal has formed. Moreover, the Chaikin Money Flow reads 0.01, showing neutral to weak buying pressure. Backing the bearish shift, the MACD line is at -0.0988, and the signal line is -0.1119. The histogram is slightly positive at 0.0131, which suggests easing bearish momentum without a confirmed crossover. For the SUI price to recover, resistance at $0.92 and $0.98 must be breached.

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BitcoinWorld SUI Spot ETF Shatters Barriers: 21Shares TSUI Begins Trading on Nasdaq Following SEC Approval In a landmark decision for digital asset markets, the U.S. Securities and Exchange Commission (SEC) has greenlit the 21Shares SUI spot ETF, with the fund—ticker TSUI—commencing trading on the Nasdaq exchange today, March 21, 2025. This pivotal approval signals a significant evolution in regulatory posture and provides a crucial, regulated conduit for institutional investment directly into the SUI cryptocurrency. SUI Spot ETF Approval: A Detailed Breakdown The 21Shares SUI spot ETF represents a direct investment vehicle. Consequently, each share of the TSUI ETF is backed by physical SUI tokens held in secure, regulated custody. This structure differs markedly from futures-based ETFs. It offers investors pure exposure to SUI’s spot price movements without the complexities of direct token ownership. Approval followed a rigorous SEC review process focusing on market surveillance, custody solutions, and investor protection. Notably, 21Shares partnered with Coinbase Custody Trust Company for asset safeguarding. This partnership leverages a regulated entity, a factor that likely bolstered regulatory confidence. The launch immediately broadens access for a vast pool of regulated capital. Regulatory Context and Market Impact This approval arrives within a shifting U.S. regulatory landscape for digital assets. Following earlier spot Bitcoin ETF approvals, the SEC’s decision on a single-asset cryptocurrency ETF for a layer-1 blockchain like Sui is analytically profound. It suggests a potential framework for evaluating other crypto assets based on their market structure and custody readiness. Expert Analysis on the Strategic Implications Market analysts highlight several immediate impacts. First, the ETF provides a validated, institutional-grade entry point. Second, it enhances SUI’s liquidity and price discovery mechanisms on traditional markets. Third, it sets a precedent that could accelerate similar filings for other major layer-1 tokens. Financial institutions can now allocate to SUI within familiar brokerage and retirement accounts. Key immediate effects include: Increased Liquidity: Daily trading volumes for SUI are projected to rise significantly. Institutional Onboarding: Pension funds and asset managers gain a compliant pathway. Network Validation: The Sui blockchain’s technical and operational maturity receives implicit endorsement. Comparison: SUI Spot ETF vs. Futures-Based Crypto ETFs Feature 21Shares SUI Spot ETF (TSUI) Typical Crypto Futures ETF Underlying Exposure Direct physical SUI tokens Futures contracts on SUI price Cost Structure Management fee + custody costs Management fee + futures roll costs Tracking Error Typically lower Can be higher due to contango Regulatory Hurdle Higher (custody, surveillance) Lower (CFTC-regulated futures) The Road to Approval: Timeline and Key Milestones The journey for the SUI spot ETF began with 21Shares’ formal filing in Q3 2024. The process involved multiple rounds of comments and amendments from the SEC’s Division of Corporation Finance. Critical milestones included the designation of a major market maker, the finalization of a surveillance-sharing agreement with the Nasdaq exchange, and the public release of the definitive S-1 registration statement. Throughout this period, Sui Network developers and the 21Shares team engaged proactively with regulators. They provided extensive data on the SUI token’s distribution, the blockchain’s security model, and its proof-of-stake consensus mechanism. This transparent, evidence-based approach was instrumental in addressing regulatory concerns about market manipulation and asset safekeeping. Conclusion The launch of the 21Shares SUI spot ETF on Nasdaq marks a transformative moment for both the Sui ecosystem and the broader digital asset industry. By securing SEC approval, the TSUI ETF dismantles a major barrier for institutional capital. It provides a secure, regulated, and efficient vehicle for exposure. This development not only validates SUI’s market position but also charts a clearer course for the integration of blockchain-based assets into the global financial mainstream. The success of this SUI spot ETF will be closely watched as a bellwether for future crypto investment products. FAQs Q1: What is the ticker symbol for the 21Shares SUI ETF? A1: The ETF trades under the ticker symbol TSUI on the Nasdaq stock exchange. Q2: How does a spot ETF differ from buying SUI on a crypto exchange? A2: The ETF is a traditional securities product held in brokerage accounts. It eliminates the need for investors to manage private keys or use cryptocurrency exchanges, offering regulatory protections and familiarity. Q3: Who is the custodian for the SUI tokens backing the ETF? A3: 21Shares has appointed Coinbase Custody Trust Company, a regulated and qualified custodian, to securely hold the underlying SUI assets. Q4: Does this SEC approval mean SUI is not a security? A4: SEC approval of a spot ETF is not a legal classification of the underlying asset. It indicates the agency is satisfied with the ETF’s structure, market surveillance, and custody arrangements to protect investors. Q5: Can international investors buy the TSUI ETF? A5: Availability depends on local regulations. Typically, U.S.-listed ETFs are primarily accessible to U.S. investors, though some international brokers may offer access. Investors should consult their financial advisor regarding availability in their jurisdiction. This post SUI Spot ETF Shatters Barriers: 21Shares TSUI Begins Trading on Nasdaq Following SEC Approval first appeared on BitcoinWorld .

SUI is down 5% in the last 24 hours, making it the third-worst performer among the top 30 cryptocurrencies by market cap. This latest development extends SUI’s downside breakout of a short-consolidation range confirmed the previous day. Currently, retail sentiment remains bearish, thanks to the increased long liquidations and a sharp drop in the funding rate. Technical outlook also suggests a steeper correction could be underway, with the bears targeting the $0.70 support level. Derivatives data supports bearish outlook SUI is down 11% in the last seven days despite the positive developments within the Sui ecosystem. The Grayscale Sui Staking Exchange-Traded Fund (ETF) launched last week, allowing investors to gain exposure to the SUI token. Furthermore, Canary Capital's SUIS launched on Nasdaq last week, giving investors regulated spot exposure to SUI with staking rewards reflected in net asset value where applicable. However, these were not enough to boost SUI’s performance as the coin is down 5% in the last 24 hours. Derivatives market data shows a bearish bias among traders, aligning with the risk-averse broader market conditions. According to CoinGlass , SUI’s Open Interest (OI) reads $462 million, down 2% in the last 24 hours, showing a capital outflow from the derivatives market. The massive long liquidations in the last 24 hours have resulted in SUI’s long-to-short ratio dropping below 1, to 0.9558. This indicates a greater number of active short positions. SUI’s OI-weighted funding rate is down to -0.0096%, suggesting more retail interest in short positions. Will the bears push SUI towards $0.70? The SUI/USD 4-hour chart is bearish and efficient, as SUI extends its decline for the fourth consecutive day. Currently, SUI is trading below the $0.88 support level and could dip lower in the near term. The resistance levels at $0.88 and $1.05 could cap upward movements in the near term. Surpassing these resistance levels would allow the bulls to target the $1.272 psychologcal level in the near to medium term. The technical indicators on the 4-hour chart suggest that the short-term buying pressure is fading. The Relative Strength Index (RSI) at 34 is below the neutral 50, indicating a growing bearish momentum. If the RSI continues to decline, it will soon enter the oversold region. Meanwhile, the Moving Average Convergence Divergence (MACD) remains close to its signal line, indicating the risk of a bearish crossover. The indicator flashed a sell signal a week ago, suggesting a strong bearish momentum. If the bearish trend persists, SUI would likely retest the $0.70 support level in the near term. However, the February 6 low of $0.7956 could allow the bulls to experience a relief. The technical outlook for Sui remains bearish, implying a potential drop toward the nearest support. The post SUI dips 5%, targets the $0.70 support level: check forecast appeared first on Invezz

New York, New York, February 24th, 2026, Chainwire U.S. spot ETF significantly expands regulated investor access to the Sui ecosystem in the world’s largest capital market The Sui Foundation today announced that trading has officially commenced on the Nasdaq for TSUI, a spot SUI ETF issued by 21shares, a global leader in crypto exchange-traded products. The fund provides U.S. investors with a regulated, high-liquidity vehicle to gain direct exposure to Sui’s performance through their existing brokerage accounts following recent SEC approval. The launch marks another major milestone in Sui’s continued growth as a payments platform and modern global finance layer. Sui is the full stack for a new global economy, founded by the tech leaders who spearheaded Meta’s Diem and Libra initiatives, and is advancing a vision of moving money as freely as messages. 21shares has long been at the forefront of bringing digital asset exposure into traditional financial markets, offering a broad suite of regulated crypto ETPs across Europe and beyond. Its expansion into a U.S. spot SUI ETF reflects accelerating institutional confidence in Sui’s infrastructure and ecosystem. Spot ETFs provide exposure directly tied to the underlying SUI token, offering a straightforward structure for both institutional and retail investors seeking secure and compliant access to emerging blockchain ecosystems. Sui’s traction with institutions is rooted in its unique technical design. Built using the Move programming language, Sui’s object-centric model enables parallel execution, sub-second finality, and horizontally scalable throughput. This architecture supports payments, tokenization, stablecoins, BTCfi, and decentralized finance at internet scale, eliminating many of the frictions found on earlier blockchains. “TSUI marks yet another widely-available access point to Sui, leveraging the industry’s preeminent tech stack to support global payments use cases and financial applications at scale,” said Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui. “In a little more than two years, Sui has made significant inroads into payments and cross-border settlement, which has transformed it into one of the world’s most robust onchain economies and attracted the interest of leading institutions like 21shares as a result.” The ETF approval arrives amid surging institutional interest in Sui, joining a growing list of institutional-grade products or planned initiatives, including from Bitwise, Canary Capital, Franklin Templeton, Grayscale, and VanEck. In December 2025, 21shares also launched the first leveraged ETFin the U.S. tied to SUI. The introduction of TSUI expands access further through a straightforward, spot-based structure. “Following our successful launch of a leveraged SUI product, the introduction of TSUI represents the next step in expanding access to Sui through a straightforward, spot-based structure,” said Duncan Moir, President of 21shares. “Sui’s rapid ecosystem growth, technical strength, and institutional relevance were clear to us early on. We are pleased to provide U.S. investors with transparent tools to access this next-generation blockchain.” As institutional capital continues to enter digital assets and stablecoins gain traction as a global payments layer, Sui’s scalable, low-latency infrastructure is designed to meet the demands of modern finance. To learn more about Sui and explore the ecosystem, visit https://sui.io . About Sui Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Learn more at sui.io . Contact: media@sui.io About 21shares 21shares is one of the world’s leading cryptocurrency exchange traded product providers and offers the largest suite of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21sShares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions. 21shares is a member of 21.co, a global leader in decentralized finance. For more information, please visit www.21shares.com . Contact: press@21shares.com Important Information Investing involves risk, including the possible loss of principal. There is no assurance that TSUI (“the Fund”) will generate a profit for investors. There are special risks associated with short selling and margin investing. Please ask your financial advisor for more information about these risks. SUI is a relatively new asset class, and the market for SUI is subject to rapid changes and uncertainty. SUI is largely unregulated and SUI investments may be more susceptible to fraud and manipulation than more regulated investments. SUI is subject to unique and substantial risks, including significant price volatility and lack of liquidity, and theft. The value of an investment in the Fund could decline significantly and without warning, including to zero. SUI is subject to rapid price swings, including as a result of actions and statements by influencers and the media, changes in the supply of and demand for SUI, and other factors. There is no assurance that SUI will maintain its value over the long-term. The trading prices of many digital assets, including SUI, have experienced extreme volatility in recent periods and may continue to do so.Extreme volatility in the future, including further declines in the trading prices of SUI, could have a material adverse effect on the value of the Shares and the Shares could lose all or substantially all of their value. Failure by the Fund’s SUI Custodian to exercise due care in the safekeeping of the Fund’s SUI could result in a loss to the Fund. Shareholders cannot be assured that the SUI Custodian will maintain adequate insurance with respect to the SUI held by the custodian on behalf of the Fund. The Fund is not actively managed and will not take any actions to take advantage, or mitigate the impacts, of volatility in the price of SUI. An investment in the Fund is not a direct investment in SUI. Investors will also forgo certain rights conferred by owning SUI directly. Shares of the Fund are generally bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Only Authorized Participants may trade directly with the Fund and only large blocks of Shares called "creation units." Your brokerage commissions will reduce returns. If an active trading market for the Shares does not develop or continue to exist, the market prices and liquidity of the Shares may be adversely affected. Shares in the Fund are not FDIC insured and may lose value and have no bank guarantee. This material must be accompanied or preceded by a prospectus. Carefully consider the Fund’s investment objectives, risk factors, and fees and expenses before investing. For further discussion of the risks associated with an investment in the Fund please read the Fund’s prospectus: https://www.21shares.com/en-us/product/SUI The Marketing Agent is Foreside Global Services, LLC 21Shares US LLC is the Sponsor to the Fund. 21Shares is not affiliated with Foreside Global Services LLC 2026. 21Shares US LLC. No part of this material may be reproduced in any form, or referred to in any other publication, without written permission. ContactSui Foundationmedia@sui.io Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

SUI surges ahead as liquidity rotates aggressively into its ecosystem.

BitcoinWorld VanEck Sui ETN ‘VESU’ Achieves Landmark Listing on Deutsche Börse Xetra FRANKFURT, Germany – In a significant development for the digital asset landscape, investment manager VanEck Europe has successfully listed a pioneering Exchange Traded Note (ETN) tracking the Sui blockchain’s native token. The new product, trading under the ticker ‘VESU,’ commenced trading on the prestigious Deutsche Börse Xetra platform, a move that substantially broadens regulated access to the Sui ecosystem for European investors. This listing represents a crucial step in the maturation of cryptocurrency financial products within traditional capital markets. VanEck Sui ETN ‘VESU’ Bridges Crypto and Traditional Finance The launch of the VESU ETN provides a familiar and regulated conduit for institutional and retail investors. Consequently, they can gain exposure to SUI’s price performance without the technical complexities of direct cryptocurrency ownership. VanEck, a firm with a long history in traditional fund management and a growing suite of digital asset products, acts as the issuer. The firm announced the listing via a post on the social media platform X, which the Sui Foundation subsequently confirmed. This product structure mirrors other regulated crypto vehicles, such as Bitcoin and Ethereum ETNs, already available on European exchanges. Moreover, the choice of Deutsche Börse Xetra is strategically important. Xetra is Germany’s leading electronic trading platform, renowned for its high liquidity and transparency. Listing on this venue immediately grants VESU credibility and visibility among a vast network of professional traders and financial institutions. The German financial regulator, BaFin, oversees these products, ensuring they meet stringent compliance standards. This regulatory oversight is a key factor for risk-averse investors who have previously hesitated to enter the crypto space. Understanding the Sui Blockchain and Its Market Position To appreciate the impact of this listing, one must understand the underlying technology. Sui is a Layer-1 blockchain platform developed by Mysten Labs. It distinguishes itself through a unique architecture designed for high throughput and low latency. Specifically, Sui utilizes a novel consensus mechanism and parallel transaction processing. This approach aims to solve scalability issues that have historically plagued older blockchain networks. The native SUI token serves multiple critical functions within its ecosystem. Primarily, it is used for paying network transaction fees, or ‘gas.’ Furthermore, it functions as a staking asset to secure the proof-of-stake network. Holders can also use it for governance voting on future protocol upgrades. Since its mainnet launch in 2023, the Sui network has demonstrated consistent growth in developer activity and total value locked (TVL) in its decentralized finance (DeFi) applications. Parallel Execution: Sui processes independent transactions simultaneously, boosting speed. Move Programming Language: It uses a secure language originally developed for Meta’s Diem project. Object-Centric Model: This design contrasts with the account-centric model of networks like Ethereum. Expert Analysis on the Institutional Adoption Trend Financial analysts view this listing as part of a broader, accelerating trend. “The introduction of a Sui ETN is a clear signal of institutional validation,” notes a report from Bloomberg Intelligence. It follows a pattern where asset managers identify promising blockchain infrastructures and create accessible investment wrappers for them. Previously, VanEck and competitors like 21Shares have launched similar products for Bitcoin, Ethereum, and Solana. The success of those earlier products has paved the regulatory and market pathway for newer assets like SUI. Data from market research firms indicates a rising demand for diversified crypto exposure beyond the two largest assets. Institutional portfolios are increasingly seeking what analysts term ‘smart contract platform risk’ – exposure to the potential of blockchain as a computational layer. By listing VESU, VanEck is positioning itself to capture this specific demand segment within the European Economic Area. The product offers a tax-efficient and familiar structure for German pension funds, asset managers, and private banks to allocate capital. The Regulatory Landscape for Crypto ETNs in Europe The European environment for crypto Exchange-Traded Products (ETPs) has become increasingly structured. Unlike a physically-backed Exchange-Traded Fund (ETF), an ETN is a debt instrument. Essentially, VanEck promises to pay investors the return of the SUI token, minus management fees. This structure avoids the legal and custodial complexities of directly holding the underlying asset. However, it introduces counterparty risk, as the note’s value depends on VanEck’s creditworthiness. Germany’s BaFin has established itself as one of the more progressive regulators in this domain. The regulator approved the country’s first Bitcoin ETN in 2020. Since then, it has maintained a clear, albeit strict, framework for crypto-based securities. This regulatory clarity is a primary reason Germany, and specifically the Deutsche Börse, has become a hub for such listings. Other European jurisdictions, like Switzerland and the UK, also host active markets for crypto ETPs, creating competitive pressure for innovation. Comparison of Major European Crypto ETP Listings (2023-2025) Product Issuer Underlying Asset Primary Exchange Launch Year VESU VanEck Europe Sui (SUI) Deutsche Börse Xetra 2025 ABTC 21Shares Bitcoin (BTC) SIX Swiss Exchange 2020 ETHE VanEck Europe Ethereum (ETH) Deutsche Börse Xetra 2023 ASOL 21Shares Solana (SOL) Euronext Paris 2024 Potential Market Impact and Investor Considerations The immediate effect of the VESU listing is increased liquidity and price discovery for SUI within a regulated context. It creates a new demand channel from investors who exclusively use traditional brokerage accounts. Historically, the launch of similar products has correlated with increased attention and trading volume for the underlying asset. However, analysts caution that performance is ultimately tied to the adoption and utility of the Sui network itself, not merely the existence of the ETN. For potential investors, understanding the product’s specifics is crucial. The VESU ETN carries an annual management fee, which will slightly underperform the direct spot price of SUI over time. It also trades in Euro, eliminating the need for investors to manage foreign exchange conversions. Importantly, the product is available for trading during the standard hours of the Deutsche Börse, unlike the 24/7 cryptocurrency spot markets. This provides a structured environment but may lead to price gaps during off-hours if the underlying crypto market moves significantly. Conclusion The listing of the VanEck Sui ETN ‘VESU’ on Deutsche Börse Xetra marks a definitive milestone for both the Sui blockchain and the institutional cryptocurrency market in Europe. It reflects a growing confidence among established financial institutions in the long-term viability of next-generation blockchain platforms. By offering a regulated, exchange-traded vehicle, VanEck has effectively lowered the barrier to entry for a wide spectrum of investors seeking exposure to SUI’s potential. This development underscores the ongoing convergence of decentralized digital assets with the frameworks of traditional global finance, with Germany solidifying its role as a key bridge between these two worlds. FAQs Q1: What exactly is the VanEck VESU ETN? The VanEck VESU is an Exchange-Traded Note (ETN) that tracks the price performance of the SUI cryptocurrency. It is a debt security listed on the Deutsche Börse Xetra, allowing investors to gain exposure to SUI through a traditional stock brokerage account without holding the digital asset directly. Q2: How does a Sui ETN differ from buying SUI on a crypto exchange? Buying the VESU ETN involves purchasing a regulated security on a stock exchange, with VanEck as the counterparty. Buying SUI directly involves using a cryptocurrency exchange, managing a private wallet, and taking on self-custody responsibilities. The ETN simplifies the process but introduces management fees and counterparty risk. Q3: Who can invest in the VESU ETN? Any investor with access to the Deutsche Börse Xetra, typically through a European broker or bank, can purchase shares of the VESU ETN. Availability may vary by country based on local broker policies and regulations. Q4: What are the main risks associated with this Sui ETN? Key risks include the volatility of the underlying SUI asset, the credit risk of the issuer (VanEck), liquidity risk on the exchange, and the regulatory risk associated with the digital asset sector. The ETN’s value can go down to zero. Q5: Does this listing mean Sui is officially approved by German regulators? The listing means BaFin has approved the specific ETN product as a financial instrument. It is not a blanket endorsement or approval of the SUI cryptocurrency itself for all purposes. The regulatory approval pertains to the structure and disclosure of the exchange-traded note. This post VanEck Sui ETN ‘VESU’ Achieves Landmark Listing on Deutsche Börse Xetra first appeared on BitcoinWorld .

As of 12:00 AM KST on February 24, Bitcoin (BTC) was trading at 96.74 million KRW on South Korea’s Upbit exchange, down 2.81% from the previous day. On global exchange Binance, BTC was priced at 95.47 million KRW, reflecting a price gap of 1.27 million KRW and a kimchi premium of...