SUI News Today: Regulated Staking ETF Emerges as 21Shares Lists Sui Yields on Nasdaq

21Shares, a leading provider of digital asset investment products, has updated its Sui Exchange-Traded Fund (ETF) filing with the U.S. Securities and Exchange Commission (SEC), incorporating staking functionality and confirming a Nasdaq listing. The revised S-1 registration statement, submitted after market closure on October 23, 2025, outlines how the ETF will generate passive rewards for investors by leveraging the Sui blockchain's proof-of-stake mechanism, according to a Coinotag report. The fund partners with Coinbase for staking services and custody, while The Bank of New York Mellon will manage cash assets, offering a regulated pathway for institutional and retail investors to access Sui's network yields, according to a Cryptopolitan article.

The staking integration marks a significant innovation in crypto ETF design. Under the updated filing, 21Shares will allocate Sui tokens to staking activities via Coinbase, which will validate transactions, create and approve blocks, and return generated rewards to the trust, the Coinotag report explains. These rewards directly increase the ETF's net asset value, potentially enhancing returns compared to non-staking funds. Historical data from the Sui network suggests average annual staking yields of 5–7%, though returns may vary based on network dynamics, the Coinotag report notes. The filing does not yet disclose the fund's expense ratio or trading ticker, which 21Shares plans to reveal in future submissions once finalizing operational details, per Cryptopolitan.

The ETF's Nasdaq listing, governed by Rule 5711(d), ensures compliance with stringent regulatory standards for commodity-based trust shares, the Coinotag piece adds. This move aligns with growing demand for institutional-grade crypto products, as evidenced by the immediate market reaction: SUI's token price rose 3% to $2.47 following the filing, while futures open interest surged 3% to $823 million within an hour, per Cryptopolitan's report citing CoinGlass data. Analysts note that the combination of staking and Nasdaq access positions the 21Shares Sui ETF as one of the first U.S. products to offer regulated exposure to proof-of-stake rewards alongside liquidity, according to the Coinotag reporting.

The partnership structure further reinforces the fund's credibility. Coinbase Custody will manage digital assets, ensuring secure token storage and staking operations, while BNY Mellon's role as cash custodian addresses non-crypto asset oversight, the Coinotag report states. However, the filing omits details on transfer and marketing agents, which may be disclosed post-SEC approval. The SEC's recent scrutiny of crypto ETFs has delayed approvals, but 21Shares' proactive approach—amending its filing during a government shutdown—demonstrates its commitment to meeting regulatory expectations, as Coingabbar reported.

Market observers highlight the strategic significance of this development. By integrating staking, 21Shares differentiates its offering from traditional crypto funds, potentially attracting investors seeking yield generation without direct node management, Coingabbar notes. The Sui network's scalability and growing institutional adoption further bolster the ETF's appeal. As the SEC continues to evaluate spot crypto ETF applications, 21Shares' Sui product underscores the convergence of blockchain innovation and traditional finance, setting a precedent for future crypto investment vehicles, analysts say.