21Shares has begun trading its spot SUI ETF on Nasdaq under the ticker TSUI. The fund was approved by the U.S. Securities and Exchange Commission and charges a 0.30% management fee, giving U.S. brokerage investors regulated spot exposure to SUI without needing to hold tokens in private wallets. Even with the new product live, SUI stayed below $1 on Tuesday and traded near $0.8642, showing that broader market weakness still kept buyers on the sidelines.
Three spot SUI exchange-traded products are now live in the U.S.
The Nasdaq listing expands the U.S. market’s SUI product lineup to three spot exchange-traded offerings. Grayscale and Canary Capital had already launched SUI funds earlier, and 21Shares recently added a staked SUI ETF as well. Attention is now shifting to the first trading sessions for TSUI, especially volume and fund inflow data, as market participants gauge whether institutional demand is building or staying muted.
$0.90 remains a ceiling while $0.80 support keeps getting tested
Price action remains fragile on the four-hour chart. Sellers have continued to defend the $0.90 area, cutting off recovery attempts, while SUI has held below its 50-period moving average, keeping the short-term structure bearish. Traders are treating $0.80 as the nearest support after several tests this week. If that level breaks on a sustained move, downside levels highlighted in the market include $0.70 and $0.65. A break above $0.90 would put $1.00 back in focus, with $1.20 and $1.50 identified as higher resistance areas.
Weak indicators and March 1 unlock keep supply in focus
Momentum readings still show limited buying pressure. The MACD line remains below the signal line, and the histogram is still negative. The RSI is hovering around 34, which places SUI near oversold territory, but there is no confirmed reversal yet. Supply is another key variable. CryptoRank data shows that 48.87 million SUI tokens will unlock on March 1, equal to 0.54% of total circulating supply. At the same time ETF trading begins, that incoming supply is likely to stay in focus. CryptoRank also said that 114.71 million tokens across seven major projects are scheduled to be released this week.