TLDR
- The 21Shares Spot SUI ETF (TSUI) launched on Nasdaq on Feb. 24, becoming the third spot SUI ETF in the U.S. market.
- SUI is trading around $0.87, down roughly 40% over the past month.
- Technical indicators show near-oversold conditions with RSI near 34, hinting at a possible short-term bounce.
- A token unlock of 48.87 million SUI tokens is scheduled for March 1, equating to 0.54% of total supply.
- Key support sits at $0.85–$0.87; a break above $1.00 would signal a broader recovery.
Sui’s price is hovering near a key support zone as a new spot ETF brings fresh institutional access to the token.
The 21Shares Spot SUI ETF, trading under the ticker TSUI, officially began trading on Nasdaq on February 24, 2026. It launched with approximately $9.2 million in assets under management and carries a 0.30% management fee, waived through October 2026.
⚡️LATEST: SEC APPROVES FIRST $SUI SPOT ETF
The Securities and Exchange Commission has approved $TSUI, a U.S. spot ETF tracking the @SuiNetwork's blockchain
The ETF filed by @21shares_us marks the first regulated public market vehicle for $SUI exposure.
The approval signals… pic.twitter.com/UPvP1OxyqX
— BSCN (@BSCNews) February 24, 2026
TSUI is the third spot SUI ETF to enter the U.S. market. Grayscale and Canary Capital launched their own SUI products earlier. 21Shares also introduced a staked SUI ETF on Nasdaq earlier this month.
Today feels sweeter with Sui.💧
Introducing the 21shares Sui ETF (Ticker: TSUI).
This launch is designed to track the price of Sui – a high-performance platform where money moves as freely as messages.
Why @Suinetwork?
– Internet scale and performance: its high-speed, low-cost… pic.twitter.com/mxrWeLbX1s— 21shares US (@21shares_us) February 24, 2026
The new fund allows U.S. investors to get direct exposure to SUI through standard brokerage accounts, without needing to hold the token directly in a digital wallet.
SUI was trading at around $0.87 at time of writing, up about 3.4% in the past 24 hours. Despite the modest daily gain, the token is down roughly 40% over the past month and has failed to reclaim the $1.00 level.
Spot trading volume hit $474 million, a 12% drop from the prior day. Derivatives volume fell 14% to $685 million, and open interest slipped 2.8% to $447 million, suggesting leverage is cooling.
Technical Picture
SUI is trading below both its 20-day and 50-day moving averages, which are acting as overhead resistance. The 50-day moving average sits near $0.94.
$SUI Watching closely for a 4H breakout confirmation📈#SUI #SUIUSDT pic.twitter.com/sbX6jcrZKa
— ZAYK Charts (@ZAYKCharts) February 25, 2026
The RSI recently dipped into the low-30 range, signaling near-oversold conditions, and has begun to turn upward. Price has been tracking the lower Bollinger Band, and the bands are starting to contract — a setup that can precede a volatility expansion.
The MACD line remains below the signal line with negative histogram bars, pointing to continued near-term weakness.
Key support is at $0.85–$0.87. A drop below $0.80 could open the door to $0.70 or $0.65. On the upside, a clear move above $1.00 would target the $1.03–$1.20 range.
Token Unlock Ahead
SUI leads all major projects in scheduled token unlocks this week. According to CryptoRank, 48.87 million SUI tokens are set to be released on March 1, representing 0.54% of total supply.
Analysts are watching whether ETF inflows can offset the added sell pressure from that unlock event.
The Sui network has processed over $100 billion in stablecoin transfers in the past six months. Its decentralized exchanges recorded $6.5 billion in volume over the last 30 days.
TSUI launched with $9.2 million in AUM and analysts are monitoring inflows closely to assess whether institutional demand is building.
