21Shares has applied to launch a spot Sui exchange-traded fund (ETF) in the United States, continuing its expansion into the US market.
On April 30, 21Shares filed an S-1 registration form for this ETF with the SEC.
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Called the 21Shares Sui ETF, this fund aims to issue common shares based on the performance of SUI held by 21Shares' US branch.
This US filing follows the launch of the 21Shares Sui Staking exchange-traded product in Europe in July 2024, initially listed on Euronext Paris and Euronext Amsterdam.
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At present, no specific US exchange or listing ticker has been designated for the new SUI ETF.