Grayscale Updates S-1 Filing for Sui Staking ETF as SUI Trades Near $1.44

TheNewsCryptoPublicado a 2026-01-27Actualizado a 2026-01-27

Resumen

Grayscale Investments has amended its S-1 filing with the SEC for a Sui Staking ETF (ticker: GSUI), seeking to list it on NYSE Arca. The filing details staking mechanics and risks, with BNY Mellon as the administrator and Coinbase as the prime broker and custodian. This move reflects growing institutional crypto ETF interest, following Bitwise's similar SUI fund filings. Concurrently, SUI trades at $1.44 with a $5.44B market cap, as its 24-hour trading volume dropped 33% to $547M. The token faces a major unlock of 43.5M tokens (worth ~$63M) next week, potentially increasing selling pressure, while its derivatives open interest rose 8% to $729.3M.

Grayscale Investments has advanced in launching a Sui Exchange Traded Fund (ETF), amending its S-1 registration statement with the U.S. Securities and Exchange Commission (SEC). As it intends to change the name of the trust to Grayscale Sui Staking ETF, under the ticker GSUI, which aims to be listed and traded on the NYSE Arca exchange.

The updated Grayscale filing provides additional detail on staking mechanics, risk disclosures, and structural elements as the Grayscale firm seeks formal regulatory approval to offer investors exposure to SUI’s price plus potential yield from staking.

Also, the Bank of New York Mellon will serve as the transfer agent and the administrator of the Grayscale Sui Staking ETF. Meanwhile, Coinbase is named as the prime broker, and Coinbase Custody Trust Company as the custodian of the trust.

This Grayscale filing comes as institutional interest in crypto ETFs continues to rise, as Bitwise has already filed for SUI-based funds and is looking for approval for 10 new exchange-traded funds (ETFs), potentially boosting regulatory momentum and investor confidence in the SUI token.

Sui Trades Ahead of Major Token Unlock

SUI is trading at $1.44 currently, with a market cap of around $5.44 billion. With that, market activity has also slowed, with 24-hour trading volume declining by 33%, reaching to $547 million, indicating lower participation. As SUI’s price moved in a limited intraday range of $1.43 to $1.46, indicating persistent consolidation and a lack of a strong directional move, at the time of writing.

Adding to that, as per Tokenomist data, SUI is set to unlock 43.5 million tokens next week, which is worth around $63 million. Where these unlocks frequently come with concerns that could lead to selling pressure if demand cannot absorb the additional tokens.

Meanwhile, derivatives data provides a different outlook, as per Coinglass, open interest increased by almost 8% in the previous 24 hours, hitting $729.3 million at the time of writing.

Highlighted Crypto news today:

Bitwise Launches First On-Chain DeFi Vault Using Morpho for Stablecoin Yield

TagsETFGrayscaleSUI

Criptos en tendencia

Preguntas relacionadas

QWhat is the name and ticker symbol of the new ETF proposed by Grayscale Investments?

AThe proposed ETF is named Grayscale Sui Staking ETF and will trade under the ticker symbol GSUI.

QWhich financial institutions are involved in the Grayscale Sui Staking ETF as transfer agent, administrator, and custodian?

AThe Bank of New York Mellon will serve as the transfer agent and administrator, while Coinbase Custody Trust Company will act as the custodian.

QAt what price was SUI trading and what was its market capitalization at the time of the article?

ASUI was trading at $1.44 with a market capitalization of approximately $5.44 billion.

QWhat significant token event is scheduled for SUI next week and what is its potential market impact?

ASUI is set to unlock 43.5 million tokens worth approximately $63 million next week, which could create selling pressure if market demand cannot absorb the additional supply.

QHow did SUI's derivatives market data contrast with its spot trading volume according to the article?

AWhile the 24-hour spot trading volume declined by 33% to $547 million, open interest in derivatives increased by almost 8% to $729.3 million, indicating differing market sentiments.

Lecturas Relacionadas

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ruHace 4 hora(s)

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ruHace 4 hora(s)

Trading

Spot

Artículos destacados

Cómo comprar SUI

¡Bienvenido a HTX.com! Hemos hecho que comprar SUI Network (SUI) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar SUI Network (SUI) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu SUI Network (SUI)Después de comprar tu SUI Network (SUI), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear SUI Network (SUI)Tradear fácilmente con SUI Network (SUI) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

550 Vistas totalesPublicado en 2024.12.12Actualizado en 2026.06.02

Cómo comprar SUI

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de SUI (SUI).

活动图片