The U.S. Securities and Exchange Commission has approved the 21Shares Spot SUI ETF. The product began trading on the Nasdaq under the ticker TSUI today and carries a 0.30% management fee. The launch adds to growing institutional access to Sui. The Grayscale Sui Staking ETF started trading on NYSE Arca on February 18. The product was converted from an over-the-counter trust and offers 100% staking with 0% fees, and rewards are reflected in the fund’s net asset value. Canary Staked SUI ETF also launched on Nasdaq on February 18. These products allow investors to gain exposure through brokerage accounts. The approval has drawn attention to SUI price action and market structure. Sui Network and Institutional Access Sui network focuses on speed, low transaction costs, and scalability and was developed by former Meta engineers and product experts. The protocol includes zkLogin, which allows onboarding through Google or Apple accounts. The system uses the Move programming language, which is designed with a security-first framework to reduce exploits. 21Shares describes TSUI as a streamlined way to gain exposure to Sui. As a result, investors can access the asset without holding tokens directly following the recent SEC clearance. Sui Leads Layer 1 Token Volume in 2026 From January 1 to February 22, 2026, Sui recorded $43.4 billion in cumulative token volume, placing it ahead of TRX at $35.8 billion and ADA at $32.4 billion. The margin between Sui and other Layer 1 networks stood out. Trading activity remained concentrated in SUI markets during this period. Capital rotated toward SUI instead of dispersing evenly across peers. Source: X Data shared on social platform X showed Sui leading networks such as Cardano and Avalanche. Elevated trading activity occurred alongside steady positioning. Liquidity remained focused within the SUI ecosystem. The volume leadership coincided with the ETF announcements. Market participants are assessing whether this trend reflects structural growth or short-term rotation. SUI Price Structure and Key Technical Levels On the daily chart, the SUI price trades within a tight consolidation range. The token has recorded repeated closes near the $0.86 to $0.87 zone, which has acted as short-term support. The SUI price remains below the 0.236 and 0.382 Fibonacci retracement levels. This indicates limited recovery momentum. The 0.786 Fibonacci level sits near $0.846, close to the current price; consequently, a break below $0.86 could open the path toward $0.79. The Relative Strength Index stands at 31.47, with SUI near oversold conditions. However, no confirmed reversal signal has formed. Moreover, the Chaikin Money Flow reads 0.01, showing neutral to weak buying pressure. Backing the bearish shift, the MACD line is at -0.0988, and the signal line is -0.1119. The histogram is slightly positive at 0.0131, which suggests easing bearish momentum without a confirmed crossover. For the SUI price to recover, resistance at $0.92 and $0.98 must be breached.
