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Bitwise Expands Crypto ETF Lineup With Sui Filing at SEC

Key Takeaways

  • Bitwise filed an S-1 for the Bitwise Sui ETF, which aims to track SUI’s spot price and offer regulated access for investors;
  • The ETF would benchmark SUI via the CME CF Sui Dollar Reference Rate (NY Variant) and use Coinbase Custody as custodian, per filing;
  • SEC review is still required; Bitwise says more launch details are coming, expects more crypto ETFs through 2026

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Bitwise Expands Crypto ETF Lineup With Sui Filing at SEC

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 SUI $1.43 (SUI) token.

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 $2.3B 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 XRP $1.86 ETF application and offers spot Bitcoin and Ethereum ETH $2,950.16 ETFs.

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.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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