$SUI Grayscale Files S1 With SEC To Launch Spot Sui ETF

According to the latest legal filings, asset management giant Grayscale has officially submitted an S1 registration statement to the SEC seeking approval to launch the Grayscale Sui Trust (SUI) ETF.

🔸 This move aims to convert the existing Sui Trust into a Spot ETF, allowing institutional and retail investors to access SUI easily.

🔸 Grayscale selecting SUI as the next asset to push for an ETF following Bitcoin, Ethereum, and recent filings for Solana, XRP is a massive vote of confidence, affirming Sui potential in the race of nextgen Layer 1 blockchains.

After 21Shares launched a leveraged SUI ETF, now Grayscale joins the Spot ETF battle. Will this news be strong enough to push SUI price to break its ATH in the final month of the year?

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