21shares Spot SUI ETF (Nasdaq: TSUI) begins trading on Tuesday, February 24, expanding US access to Sui

[PRESS RELEASE – New York, New York, February 24th, 2026]

The US spot ETF significantly expands regulated investor access to the Sui ecosystem on the world’s largest capital market

The Sui Foundation today announced that trading on the Nasdaq has officially begun for TSUI, a spot SUI ETF issued by 21shares, a global leader in crypto exchange-traded products. The fund provides US investors with a regulated vehicle with high liquidity that allows them to gain direct exposure to Sui’s performance through their existing brokerage accounts, following recent approval by the SEC.

The launch marks another major milestone in Sui’s continued growth as a payments platform and modern global financial layer. Sui is the complete package for a new global economy, founded by the technology leaders who spearheaded Meta’s Diem and Libra initiatives, and promotes a vision where money can move as freely as messages. 21shares has long been at the forefront of introducing digital asset exposure to traditional financial markets, offering a wide range of regulated crypto ETPs across Europe and beyond. The expansion into a US spot SUI ETF reflects increasing institutional confidence in Sui’s infrastructure and ecosystem.

Spot ETFs provide exposure directly tied to the underlying SUI token and provide a simple structure for both institutional and retail investors seeking secure and compliant access to emerging blockchain ecosystems.

Sui’s grip on settings is rooted in its unique technical design. Built using the Move programming language, Sui’s object-centric model enables parallel execution, sub-second finality, and horizontally scalable throughput. This architecture supports payments, tokenization, stablecoins, BTCfi, and decentralized finance at internet scale, eliminating many of the frictions found in previous blockchains.

“TSUI marks another widely available entry point to Sui, leveraging the industry’s leading technology to support global payment use cases and financial applications at scale,” said Evan Cheng, co-founder and CEO of Mysten Labs, the original contributor to Sui. “In just over two years, Sui has made significant progress in payments and cross-border settlement, transforming the country into one of the most robust onchain economies in the world and, as a result, attracting the interest of leading institutions like 21share.”

The ETF’s approval comes amid growing institutional interest in Sui, which joins a growing list of institutional-grade products or planned initiatives, including from Bitwise, Canary Capital, Franklin Templeton, Grayscale and VanEck. In December 2025, 21share also launched the first leveraged ETF in the US, linked to SUI. The introduction of TSUI further expands access through a simple, spot-based structure.

“Following our successful launch of a leveraged SUI product, the introduction of TSUI represents the next step in expanding access to Sui through a simple, spot-based structure,” said Duncan Moir, president of 21shares. “Sui’s rapid ecosystem growth, technical strength and institutional relevance were evident to us early on. We are pleased to provide U.S. investors with transparent tools to access this next-generation blockchain.”

As institutional capital continues to invade digital assets and stablecoins continue to gain traction as a global payments layer, Sui’s scalable, low-latency infrastructure is designed to meet the demands of the modern financial world. To learn more about Sui and exploring its ecosystem, visit https://sui.io.

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and proprietary. Sui’s primitives give builders everything they need to create high-quality payments and financial applications, including instant agentic payments. More information at sui.io.

Contact: media@sui.io

About 21 shares

21shares is one of the world’s leading providers of exchange-traded products, offering the largest suite of crypto ETPs on the market. The company was founded to make cryptocurrency more accessible to investors and to bridge the gap between traditional finance and decentralized finance. 21sShares listed the world’s first physically backed crypto ETP in 2018, building a seven-year track record of creating crypto exchange-traded funds listed on some of the largest, most liquid stock exchanges in the world. Backed by a specialized research team, proprietary technology and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions.

21shares is a member of 21.co, a global leader in decentralized finance. For more information please visit www.21shares.com.

Contact: press@21shares.com

Important information

Investing involves risks, including the possible loss of principal. There is no guarantee that TSUI (“the Fund”) will generate profits for investors.

There are special risks associated with short selling and margin investing. Ask your financial advisor for more information about these risks. SUI is a relatively new asset class and the SUI market is subject to rapid change and uncertainty. SUI is largely unregulated and SUI investments may be more susceptible to fraud and manipulation than more regulated investments.

SUI is subject to unique and substantial risks, including significant price volatility, lack of liquidity and theft. The value of an investment in the Fund could decline significantly and without warning, even to zero. SUI is subject to rapid price fluctuations, also as a result of promotions

and statements from influencers and the media, changes in the supply and demand for SUI, and other factors. There is no guarantee that SUI will maintain its value in the long term.

The trading prices of many digital assets, including SUI, have experienced extreme volatility in recent periods and may continue to do so. Extreme volatility in the future, including further declines in SUI’s trading prices, could have a material adverse effect on the value of the Shares and the Shares could lose all or most of their value.

Failure by the Fund’s SUI custodian to exercise due care in the safekeeping of the Fund’s SUI may result in a loss to the Fund. Shareholders cannot be assured that the SUI custodian will have adequate insurance in respect of the SUI held by the custodian on behalf of the Fund.

The Fund is not actively managed and will not take any action to benefit from or mitigate the volatility of the price of SUI. An investment in the Fund is not a direct investment in SUI. Investors will also waive certain rights resulting from directly owning SUI. Shares of the Fund are generally bought and sold at market price (not NAV) and are not redeemed individually from the Fund. Only Authorized Participants may trade directly with the Fund and only large blocks of Shares called “creation units”. Your brokerage commissions will reduce returns.

If an active trading market for the Shares does not develop or continue to exist, the market prices and liquidity of the Shares could be adversely affected.

Shares in the Fund are not FDIC insured, may lose value and are not bank guaranteed.

This material must be accompanied or preceded by a prospectus. Please carefully consider the Fund’s investment objectives, risk factors, and fees and expenses before investing. For a further discussion of the risks associated with an investment in the Fund, please read the Fund’s prospectus: https://www.21shares.com/en-us/product/SUI

The marketing agent is Foreside Global Services, LLC

21Shares US LLC is the sponsor of the Fund.

21Shares is not affiliated with Foreside Global Services LLC

2026. 21Shares US LLC. No part of this material may be reproduced in any form, or referred to in any other publication, without written permission.