Grayscale and Canary Capital have rolled out the first U.S.-listed spot ETF tied to Sui’s. $SUI Introducing tokens and adding staking yield to our growing menu of regulated cryptocurrency investment products.
Wall Street gets it $SUI Exposure with new staking-enabled ETFs
On February 18, 2026, Grayscale Investments and Canary Capital Group launched the first U.S.-listed spot exchange-traded fund in partnership with Sui funds. $SUI Introducing tokens to expand the crypto ETF space beyond Bitcoin and Ethereum. The product also incorporates staking rewards, offering a potential yield of around 7% along with direct exposure. $SUIis the price.
Grayscale’s Grayscale Sui Staking ETF (GSUI) began trading on the NYSE Arca after converting the Private Sui Trust, which was launched in August 2024. $SUI ETF (SUIS) debuts on Nasdaq as a registered fund designed to own and invest in $SUI Issue tokens on behalf of shareholders. Both funds aim to simplify access to Sui’s proof-of-stake network for investors without the need to manage wallets or validators.
Sui, developed by Mysten Labs, is a layer 1 (L1) blockchain focused on scalability and parallel transaction processing. The company is positioning itself as a competitor to networks such as Solana and Ethereum, especially in the areas of decentralized finance (DeFi), gaming, and payments. By building staking into the ETF wrapper, issuers are betting that they can differentiate on yield. $SUI Early crypto fund products that only offered price exposure.
early $SUI However, ETF trading data suggests a cautious start. On February 19th, GSUI recorded a trading volume of approximately 16,643 shares, a trading value of approximately $220,000, and assets under management of approximately $21 million. Approximately 1,400 shares were traded on SUIS, with a trading volume of approximately $33,000. These numbers are quite modest compared to the blockbusters seen in previous Bitcoin ETFs.
$SUImarket prices are also struggling to gain momentum. The token was trading between about $0.93 and $0.98 on February 19, up about 3% to 4% on the day and down more than 36% in the last month. This lackluster response reflects broader weakness across altcoins and suggests that ETF approval alone may not be enough to reverse existing trends.
On-chain indicators strengthen that view. Sui’s total lock value has fallen sharply in recent months, and futures open interest has been declining since early January. Capital outflows and a slowdown in trading activity indicate that ETF inflows have not yet offset broader market pressures.
Still, institutional interest in L1 blockchain appears to be growing. Launching a spot $SUI ETFs show that asset managers are willing to move beyond Bitcoin and Ethereum as regulatory pathways become clearer. Whether staking yields will prove compelling enough to draw sustained inflows remains an open question.
For now, GSUI and SUIS represent another step in the integration of cryptocurrencies into traditional finance. Investors will likely keep a close eye on weekly flow reports and network metrics to determine whether these new vehicles become long-term fixtures or just experiments in an increasingly crowded ETF space.
Frequently asked questions ❓
- what’s new $SUI ETF?These are US-listed Grayscale and Canary spot ETFs that we own and invest in. $SUI token.
- How much yield do you get? $SUI What do ETFs offer?In addition to price exposure, both funds aim to provide staking rewards of approximately 7% per year, net of fees.
- how $SUIHas the price reacted?$SUI It traded below $1 after launch, reflecting broader altcoin weakness rather than strong gains from ETFs.
- Why are staking ETFs important?These combine regulated market access with blockchain-based yields, making them potentially attractive to income-focused investors.
