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

TheNewsCrypto2026-01-27 tarihinde yayınlandı2026-01-27 tarihinde güncellendi

Özet

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

İlgili Sorular

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.

İlgili Okumalar

Hands-on with Hunyuan Hy3 Preview: Tencent's AI, Finally Competitive?

Tencent's Hunyuan AI team has released its latest language model, Hy3 preview, marking a significant step forward for the company's AI capabilities. With 295B total parameters and support for 256K context length, the model employs a mixture-of-experts architecture. It shows improvements in complex logic, instruction following, contextual learning, code generation, and agent task execution. In testing, Hy3 preview demonstrated strong performance in multi-step logical reasoning but showed occasional instability in identifying traps in trick questions. It performed well in extracting key information from disordered meeting transcripts and accurately followed new linguistic rules. As an AI agent, it successfully built functional applications like a Snake game and generated data analysis dashboards, though it sometimes fell short in fully completing complex open-ended tasks. In natural language use, it produced coherent and stylistically appropriate narratives with reduced “AI-like” tone. Priced competitively, Hy3 preview is already integrated into Tencent’s key products, including Tencent Cloud and WorkBuddy. While not leading in every benchmark, it represents a solid, practical model that signals Tencent’s renewed momentum in AI development.

marsbit39 dk önce

Hands-on with Hunyuan Hy3 Preview: Tencent's AI, Finally Competitive?

marsbit39 dk önce

From Theft to Re-entry: How Was $292 Million "Laundered"?

A sophisticated crypto laundering operation was executed following the $292 million hack of Kelp DAO on April 18. The attack, attributed to the North Korean Lazarus group, began with anonymous infrastructure preparation using Tornado Cash to fund wallets untraceably. The hacker exploited a vulnerability in Kelp’s cross-chain bridge, stealing 116,500 rsETH. To avoid crashing the market, the attacker used Aave and Compound as laundering tools—depositing the stolen rsETH as collateral to borrow $190 million in clean, liquid ETH. This move triggered a bank run on Aave, causing an $8 billion drop in TVL. After consolidating funds, the attacker fragmented them across hundreds of wallets to evade detection. A major breakpoint was THORChain, where over $460 million in volume—30 times its usual activity—was processed in 24 hours, converting ETH into Bitcoin. This shift to Bitcoin’s UTXO model exponentially increased tracing complexity by shattering funds into countless untraceable fragments. The final destination was Tron-based USDT, the primary channel for illicit crypto flows. From there, funds were cashed out via OTC brokers in China and Southeast Asia, using unlicensed underground banks and UnionPay networks outside Western sanctions scope. Ultimately, the laundered money supports North Korea’s weapons programs, which rely heavily on crypto hacking for foreign currency. The incident underscores structural challenges in DeFi: its openness, composability, and lack of central control make such laundering not just possible, but inherently difficult to prevent.

marsbit44 dk önce

From Theft to Re-entry: How Was $292 Million "Laundered"?

marsbit44 dk önce

Behind DeepSeek V4's Stunning Debut: Silicon Valley Is 'Building Walls,' China Is 'Paving Roads'

China's AI landscape is witnessing a strategic divergence from Silicon Valley’s closed-source competition to a collaborative open-source ecosystem. On April 24, DeepSeek released V4, a top-ranked open-source model on Hugging Face, featuring breakthroughs like million-token context length with minimal KV cache and native support for domestic chips like Huawei’s Ascend. Similarly, Kimi’s K2.6, released days earlier, also adopted open-source principles. Unlike U.S. giants such as OpenAI and Anthropic—locked in revenue disputes and tactical product clashes—Chinese firms embrace shared innovation. DeepSeek and Kimi openly build on each other’s advances, like the MLA architecture and Muon optimizer, avoiding redundant R&D and driving down costs. DeepSeek V4 focused on pushing base model capabilities, while Kimi specialized in Agent-based applications. Although U.S. firms lead in revenue and valuation, China’s open-source models achieve comparable performance at a fraction of the cost (e.g., DeepSeek V3 trained for $5.58M vs. GPT-5’s $500M+). With token usage growing exponentially, China’s collaborative model promises scalable, affordable AI built on domestic hardware, shaping a more accessible path to AGI.

marsbit54 dk önce

Behind DeepSeek V4's Stunning Debut: Silicon Valley Is 'Building Walls,' China Is 'Paving Roads'

marsbit54 dk önce

OpenClaw vs. Hermes: Which One Is Right for You?

Two leading AI agent projects, OpenClaw and Hermes, represent a fundamental divergence in design philosophy rather than just a feature competition. OpenClaw, a GitHub phenomenon, prioritizes user control and customization, offering a powerful, flexible platform for building and orchestrating agents. It boasts a massive ecosystem with over 44,000 skills, extensive model flexibility (supporting Anthropic, OpenAI, and others), and deep integrations across multiple messaging platforms. In contrast, Hermes Agent, developed by Nous Research, champions automation and efficiency. It is designed for lower cost and a lower barrier to entry, learning and improving automatically from user workflows. It runs tasks in isolated environments for security and offers significantly lower token costs out-of-the-box. The choice between them mirrors historical tech divides like Windows vs. Mac. OpenClaw is for users who want maximum control, customization, and don't mind a complex setup. Hermes is the smarter default for those seeking an affordable, easy-to-use agent that learns autonomously. The real competition is not about which is better, but which philosophy—a programmable personal OS or a self-evolving work proxy—better suits the user's needs for control, cost, and ease of use.

marsbit1 saat önce

OpenClaw vs. Hermes: Which One Is Right for You?

marsbit1 saat önce

Google and Amazon Simultaneously Invest Heavily in a Competitor: The Most Absurd Business Logic of the AI Era Is Becoming Reality

In a span of four days, Amazon announced an additional $25 billion investment, and Google pledged up to $40 billion—both direct competitors pouring over $65 billion into the same AI startup, Anthropic. Rather than a typical venture capital move, this signals the latest escalation in the cloud wars. The core of the deal is not equity but compute pre-orders: Anthropic must spend the majority of these funds on AWS and Google Cloud services and chips, effectively locking in massive future compute consumption. This reflects a shift in cloud market dynamics—enterprises now choose cloud providers based on which hosts the best AI models, not just price or stability. With OpenAI deeply tied to Microsoft, Anthropic’s Claude has become the only viable strategic asset for Google and Amazon to remain competitive. Anthropic’s annualized revenue has surged to $30 billion, and it is expanding into verticals like biotech, positioning itself as a cross-industry AI infrastructure layer. However, this funding comes with constraints: Anthropic’s independence is challenged as it balances two rival investors, its safety-first narrative faces pressure from regulatory scrutiny, and its path to IPO introduces new financial pressures. Globally, this accelerates a "tri-polar" closed-loop structure in AI infrastructure, with Microsoft-OpenAI, Google-Anthropic, and Amazon-Anthropic forming exclusive model-cloud alliances. In contrast, China’s landscape differs—investments like Alibaba and Tencent backing open-source model firm DeepSeek reflect a more decoupled approach, though closed-source models from major cloud providers still dominate. The $65 billion bet is ultimately about securing a seat at the table in an AI-defined future—where missing the model layer means losing the cloud war.

marsbit6 saat önce

Google and Amazon Simultaneously Invest Heavily in a Competitor: The Most Absurd Business Logic of the AI Era Is Becoming Reality

marsbit6 saat önce

İşlemler

Spot

Futures

Popüler Makaleler

SUI Nasıl Satın Alınır

HTX.com’a hoş geldiniz! SUI Network (SUI) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında SUI Network (SUI) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: SUI Network (SUI) Varlıklarınızı SaklayınSUI Network (SUI) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: SUI Network (SUI) Varlıklarınızla İşlem YapınHTX'in spot piyasasında SUI Network (SUI) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

592 Toplam GörüntülenmeYayınlanma 2024.12.12Güncellenme 2025.03.21

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların SUI (SUI) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.