Grayscale Sui Trust Seeks SEC Approval for S-1 Registration

2 mins mins

Key Points:

Grayscale filed an S-1 for Sui Trust with the SEC.
SUI trading volume nears $1.0 billion daily.
No SEC approval for SUI ETF yet.

Grayscale Investments, LLC filed a Form S-1 on December 5, 2025, with the SEC, applying to register Grayscale Sui Trust to provide exposure to Sui (SUI).

The application highlights Grayscale’s strategy to expand offerings in the crypto market, though SEC approval for a listed ETF remains pending, impacting SUI token valuations.

SUI Price Volatility Amidst Grayscale’s Investment Moves

According to CoinMarketCap, Sui (SUI) is currently priced at $1.54 with a market capitalization of approximately $5.75 billion, holding 0.19% of the market dominance. SUI’s 24-hour trading volume stands at $667 million, reflecting a 22.47% decrease. Recent price changes illustrate SUI’s volatile trajectory: a 4.40% decline in the last 24 hours and a 20.13% drop over the previous month.

The Coincu research team notes potential operational and market shifts stemming from the S-1 registration. While Grayscale positions its Sui Trust to mirror single-asset investment products like its earlier Bitcoin and Ethereum ventures, it remains crucial to monitor regulatory updates. Historical trends reveal that such filings pave the way for possible future ETF listing attempts, reflecting Grayscale’s strategic trust structure transitions.

“Grayscale Sui Trust (SUI) has filed a Form S-1 with the SEC for investor registration.” – SEC EDGAR

Market Data and Insights

Did you know? Form S-1 registration is a common step taken by financial institutions looking to transition their trust products into official exchange-listed assets, as Grayscale has previously demonstrated with Bitcoin.

According to CoinMarketCap, Sui (SUI) is currently priced at $1.54 with a market capitalization of approximately $5.75 billion, holding 0.19% of the market dominance.

sui-daily-chart-56 — Sui(SUI), daily chart, screenshot on CoinMarketCap at 16:29 UTC on December 6, 2025. *Source: CoinMarketCap*

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.