Bitwise Asset Management submitted a Form S‑1 registration statement on December 18 to the US Securities and Exchange Commission (SEC) for a proposed exchange‑traded fund (ETF) designed to follow the spot price of the Sui
The new product, named the Bitwise Sui ETF, aims to enable investors to access SUI in a regulated format.
The fund will track the spot value of Sui using the CME CF Sui, Dollar Reference Rate, New York Variant as a benchmark, which is determined from trading data across large SUI markets.
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The registration names Coinbase
$2.27B
Custody as the fund’s custodian.
Recently, Bitwise added SUI to its Crypto Index Fund that trades on the New York Stock Exchange.
Bitwise previously submitted a spot XRP
The SEC will still have to examine Bitwise’s S‑1 before any launch can occur. According to the filing, Bitwise Investment Advisers, LLC would serve as sponsor, and while a ticker has not been confirmed, the firm anticipates releasing further details as the launch nears.
Bitwise expects additional crypto ETFs to come to market throughout 2026.
Sui entered the crypto industry in mid‑2023 and is currently listed among the top 35 cryptocurrencies by market cap.
Bitwise researcher Ryan Rasmussen suggested the market for crypto exchange-traded products (ETPs) will expand in 2026. How? Read the full story.
