Key Developments in Sui Trust Registration
Grayscale Investments, LLC filed a Form S-1 on December 5, 2025, with the SEC, applying to register Grayscale Sui Trust. This filing aims to provide investors with exposure to Sui (SUI).
The application underscores Grayscale's ongoing strategy to broaden its cryptocurrency offerings. However, it is important to note that SEC approval for a listed ETF remains pending, which could impact SUI token valuations.
SUI Price Volatility Amidst Grayscale's Investment Moves
According to CoinMarketCap, Sui (SUI) is currently priced at $1.54, with a market capitalization of approximately $5.75 billion. This represents 0.19% of the overall market dominance. SUI's 24-hour trading volume stands at $667 million, indicating a 22.47% decrease. Recent price movements highlight SUI's volatile nature, with a 4.40% decline in the last 24 hours and a significant 20.13% drop over the past month.
The Coincu research team observes that the S-1 registration could lead to potential operational and market shifts. Grayscale is positioning its Sui Trust to mirror its earlier single-asset investment products, such as those for Bitcoin and Ethereum. It is crucial to monitor regulatory updates as these filings often precede potential future ETF listing attempts, reflecting Grayscale's strategic trust structure transitions.
"Grayscale Sui Trust (SUI) has filed a Form S-1 with the SEC for investor registration." - SEC EDGAR
Market Data and Insights
Form S-1 registration is a standard procedure for financial institutions seeking to transition their trust products into officially exchange-listed assets, a process Grayscale has previously undertaken with Bitcoin.
As of December 6, 2025, Sui (SUI) is trading at $1.54, with a market capitalization of roughly $5.75 billion, accounting for 0.19% of the market dominance. The 24-hour trading volume is reported at $667 million.

The Coincu research team anticipates that the S-1 registration may trigger operational and market changes. Grayscale's objective is to align its Sui Trust with its established single-asset investment products, similar to its previous ventures with Bitcoin and Ethereum. Continuous monitoring of regulatory developments is advised, as such filings are often precursors to potential ETF listings and reflect Grayscale's strategic approach to trust structures.
DISCLAIMER: The information provided on this website serves as general market commentary and does not constitute investment advice. Readers are encouraged to conduct their own research before making any investment decisions.

