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21shares launches the spot Sui ETF (TSUI) in the United States
21Shares has launched the 21shares Spot SUI ETF (TSUI) on NASDAQ, allowing U.S. investors to invest in SUI tokens through traditional brokerage accounts without directly managing wallets. The ETF has a fee of 0.30% and offers non-leveraged exposure to the Sui blockchain, complementing the company’s existing leveraged SUI products. Duncan Moir, President of 21Shares, stated that the rapid growth of the Sui ecosystem and its position among institutional investors were key factors in this launch. Sui was founded by former Meta leaders and has processed over $100 billion in stablecoin transfers for six consecutive months, with $6.5 billion in decentralized exchange (DEX) trading volume within 30 days.