necessary notes
- The ETF straight holds SUI tokens and gives regulated publicity to institutional traders.
- Sui is a Transfer-based layer 1 blockchain with over 1.2 billion transactions since Might 2023.
- SEC evaluation of altcoin ETFs is ongoing and approval continues to be pending below intense scrutiny.
Asset administration firm Bitwise filed for S-1 with the SEC on Dec. 18 to launch the primary U.S. spot ETF to trace Sui inventory.
Sui
$1.44
24 hour volatility:
1.2%
Market capitalization:
$538 million
Vol. 24 hours:
$412.68 million
native token. The transfer expands the agency’s aggressive altcoin ETF technique past Bitcoin.
BTC
88 341 {dollars}
24 hour volatility:
0.1%
Market capitalization:
$1.76 trillion
Vol. 24 hours:
$2.162 billion
Ethereum
Ethereum
$2,986
24 hour volatility:
0.1%
Market capitalization:
36.045 billion {dollars}
Vol. 24 hours:
$1.077 billion
Solana
sol
$125.2
24 hour volatility:
0.9%
Market capitalization:
$70.39B
Vol. 24 hours:
$25.3 billion
,XRP
XRP
$1.92
24 hour volatility:
0.5%
Market capitalization:
$11.603 billion
Vol. 24 hours:
$23.6 billion
.
The proposed Bitwise SUI ETF will maintain SUI tokens straight by way of a custodian, providing regulated publicity to institutional traders with out the operational burden of self-custody or decentralized trade interplay.
About Sui and its expertise
Sui, a Transfer-based layer 1 chain constructed by former meta-engineers, has processed over 1.2 billion transactions since its mainnet launch in Might 2023.
Blockchain’s parallel execution mannequin is completely different from Ethereum’s serial processing. This can be a technical characteristic that Bitwise highlighted in earlier public feedback concerning various Layer 1 infrastructure.
of Submitted documents will be received for SEC examination. A wave of altcoin ETF purposes have been filed in latest months. Grayscale, 21Shares, Canary Capital submit competing proposals for Solana, XRP, Litecoin
LTC
$76.34
24 hour volatility:
1.9%
Market capitalization:
$585 million
Vol. 24 hours:
$333 million
product.
Many haven’t but acquired approval, and the SEC has beforehand utilized strict scrutiny to non-Bitcoin cryptoassets primarily based on the Howey Take a look at framework.
Regulatory course of and market affect
The S-1 now enters the SEC’s commonplace evaluation course of. This course of sometimes lasts a number of months and consists of a number of revisions. Market members are maintaining a tally of whether or not the authorities will change their stance below the following management.
If accepted, the Sui ETF would be the first regulated US product to supply direct publicity to the Transfer language blockchain. This distinction is necessary for allocators evaluating non-EVM ecosystems, particularly Aptos.
APT
$1.56
24 hour volatility:
3.1%
Market capitalization:
$11.7 billion
Vol. 24 hours:
$177.76 million
and Sui are competing for developer mindshare within the Transfer ecosystem.
In early December, Bitwise additional demonstrated its confidence in Sui by together with it within the New York Inventory Change’s 10 Crypto Index ETF.
The corporate highlighted the blockchain’s give attention to quick, safe and personal digital asset possession, highlighting Sui’s rising relevance for each retail and institutional traders.
Sui. Designed to make possession of your digital property quick, personal, safe, and accessible.
It’s at present featured within the Bitwise 10 Crypto Index ETF (NYSE: BITW). pic.twitter.com/FfrF5r6qom
— Bitwise (@BitwiseInvest) December 9, 2025
Subsequent
Disclaimer: Coinspeaker is dedicated to offering truthful and clear reporting. This text is meant to supply correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Market circumstances can change quickly, so we suggest that you simply confirm the data your self and seek the advice of knowledgeable earlier than making any choices primarily based on this content material.
Hamza is an skilled cryptocurrency editor/author with a deep understanding of blockchain expertise, cryptocurrency markets, and digital finance. He’s keen about making advanced matters accessible and serving to readers navigate the quickly evolving world of cryptography.
