Nasdaq has just filed with the SEC the application to list 21Shares’s spot Sui ETF in the US, marking the start of the regulator's review process.
The May 23 19b-4 filing follows 21Shares' April 30 S-1 registration, both of which are required for the ETF's launch.
The SEC has 45 days to approve, reject or delay the filing, with a final deadline of Jan. 18, 2026.
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21Shares named BitGo and Coinbase Custody as custodians, but did not disclose fees or ticker.
Canary Capital is the only other firm intending to launch a Sui ETF, having filed an application in April.