🔥 Grayscale has officially submitted an S-1 application to the SEC for the launch of the Grayscale Sui Trust!
This is a clear signal of growing institutional interest in the Sui Network — and it comes just days after 21Shares launched its SUI-ETF on Nasdaq.
💼 What this means:
The new Grayscale Sui Trust will operate as a spot product that reflects the market price of SUI (minus fees), allowing investors to gain regulated access to the asset without the need to hold tokens.
🏁 Competition is intensifying
21Shares has already entered Nasdaq, and now Grayscale is raising the stakes. Demand for SUI products is growing faster than even optimists expected.
🚀 Why this is important for the Sui Network
Sui is becoming one of the most dynamic L1 ecosystems of 2025 — thanks to scalability, an influx of developers, and support from major financial players.
📈 If the SEC approves the application, traditional investors will gain another regulated entry channel into SUI.
The message is clear:
👉 Sui is transitioning from a purely technological project into a serious investment asset.
