The U.S. Securities and Exchange Commission (SEC) has formally acknowledged Nasdaq's filing to list the 21Shares SUI ETF, a spot exchange-traded fund backed by the SUI token. The SEC has initiated its review process for the application under Rule 571(d) Commodity Based Trust Shares. The proposed ETF listing represents a potential milestone for regulated cryptocurrency exposure in the U.S. market. Nasdaq's filing reflects growing institutional interest in Sui, which has seen over $300 million in global exchange-traded product inflows. Approval of the ETF would mark a significant step toward broader institutional adoption of the SUI token within regulated financial markets.