- Bitwise seeks SEC approval for spot SUI ETF.
- Spot SUI ETF involves direct exposure and staking.
- Pending SEC approval with Coinbase as custodian.
Bitwise Asset Management filed for a spot SUI ETF with the SEC on December 18, 2025. This ETF will provide direct exposure to SUI, incorporating staking and using Coinbase Custody Trust as custodian, structured as a Delaware statutory trust.
Bitwiseโs filing potentially enriches the crypto offerings landscape by introducing a spot SUI ETF. The market is monitoring reactions since pending approval could influence SUIโs stature as a staked asset.
Bitwise Asset Management has filed a Form Sโ1 registration with the SEC for a new Bitwise Sui ETF, which will provide investors with spot exposure to SUI along with staking features. As detailed in their filing, their plan involves Coinbase Custody for safekeeping SUI holdings, organized through a Delaware statutory trust.
This move reflects an extension of Bitwiseโs crypto product lineup, adding SUI to their offerings, which already include products focused on Bitcoin and Ethereum. With the SECโs decision pending, stakeholders anticipate how this might redefine the scope of crypto investment vehicles.
Hunter Horsley, CEO, Bitwise Asset Management, โWe are excited to introduce the Bitwise Sui ETF, which offers investors a unique opportunity to gain direct exposure to SUI while also leveraging staking benefits.โ โ source
The proposal targets direct engagement with SUI, potentially setting new standards in ETF structuring as it incorporates staking. By targeting SUI, known for its proofโofโstake protocol, Bitwise aligns with other leading digital asset strategies.
If approved, this ETF promises to impact SUI markets by enhancing liquidity visibility and offering new investment incentives. The SECโs approval process will determine broader implications for other potential crypto ETFs.
Pending regulatory approval, Bitwiseโs initiative could mark a significant development in combining staking with investment mechanisms. Historical trends show growing interest in direct asset engagement, making SUI a potential focal point in evolving crypto dynamics.
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