SEC Approves TSUI, First U.S. Spot ETF Tracking Sui Blockchain's SUI Token

The Securities and Exchange Commission approved TSUI, the first U.S. spot ETF designed to track the Sui Network blockchain and provide regulated public market exposure to SUI, 21Shares US said. The product focuses on Sui as a Layer1 asset rather than on BTC or ETH. The approval may signal the SEC could consider spot ETF applications tied to other Layer1 blockchains such as Solana and Avalanche, according to the filer.