Wall Street gained direct exposure to Sui on Feb. 18, 2026, as two spot SUI exchange-traded funds began trading in the U.S. The launches involved Grayscale Investments and Canary Capital Group, offering regulated access with staking. The products listed on Nasdaq and NYSE Arca, expanding crypto ETFs beyond bitcoin and ethereum.
GSUI and SUIS: First SUI ETFs With Staking
According to Bloomberg analyst James Seyffart, the funds marked the first spot SUI ETFs with staking in U.S. markets. Grayscale’s GSUI began trading on NYSE Arca after converting a private trust launched in August 2024. Meanwhile, Canary’s SUIS debuted on Nasdaq as a registered fund holding and staking SUI tokens. Both ETFs provide exposure to Sui’s proof-of-stake network without requiring investors to manage wallets. Issuers estimate staking yields near 7%, net of fees.
First-Day Volume Falls Short of Prior Altcoin ETFs
By the close, GSUI traded roughly 8,000 shares, while SUIS traded about 1,468 shares. Combined notional volume stayed below $150,000, barely registering on market tapes. In contrast, Solana’s BSOL recorded $55.4 million on debut in October 2025, and XRP’s XRPC followed with about $58 million a month later. SUI’s launch volume equaled less than one institutional block trade.
Liquidity Ladder Among Altcoin ETFs
The disparity highlights clear differences tied to market cap. Higher-cap assets attract deeper market-making and tighter spreads. For example, Grayscale’s Chainlink ETF generated about $13 million on its first day, while Bitwise’s competing Chainlink fund moved roughly $3.2 million. Canary’s Litecoin ETF reached about $1 million, and its Hedera ETF posted $8 million. Sui, built by Mysten Labs, is a high-throughput layer-one network. The ETF debut adds regulated access, with early volumes reflecting current market depth.