10 Jun 2025
📈Proposed Rule for 21Shares SUI ETF Listing on Nasdaq
Self-Regulatory Organizations; The Nasdaq Stock Market LLC; Notice of Filing of Proposed Rule Change To List and Trade Shares of 21Shares SUI ETF Under Nasdaq Rule 5711(d) (Commodity-Based Trust Shares)
Summary
The Securities and Exchange Commission is seeking comments on a proposed rule change by Nasdaq to list and trade shares of the 21Shares SUI ETF. This passive investment vehicle aims to track the performance of SUI tokens through a regulated exchange, offering investors an indirect access point to digital assets and the Sui Network.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change to list and trade the 21Shares SUI ETF introduces new investment opportunities in the digital asset market. This could enhance market competition and provide a more regulated environment for investors. Business implications also arise from the compliance requirements associated with trading and listing the ETF as detailed under various Nasdaq rules.