Sui ETF Explained: GSUI, SUIS, TSUI and 2x TXXS (2026)
Every US-listed Sui ETF compared: spot staking funds GSUI, SUIS and TSUI, plus the 2x TXXS. Fees, staking, risks and how they differ from holding SUI.
A Sui ETF is an exchange-traded fund that gives you exposure to the SUI token through an ordinary brokerage account, without holding SUI yourself. As of 20 October 2026 there are three spot Sui ETFs in the US, all of which stake part of their SUI: Grayscale's GSUI, Canary's SUIS and 21shares' TSUI. There is also one leveraged fund, 21shares' 2x Long Sui ETF (TXXS).
Please note: this is not investment advice. We describe these products from the issuers' own pages and SEC filings so you can understand how they work. We do not recommend buying or selling any of them, and you should read each fund's prospectus before investing.
Every US-listed Sui ETF, compared
The three spot funds all started trading in February 2026, within a week of each other. The Sui Foundation covered each launch: SUIS and GSUI on 18 February, and TSUI on 24 February. The leveraged fund came first, listing on Nasdaq on 4 December 2025.
| Fund (ticker) | Exchange | Type | Fee | Assets (as of 16 Oct 2026) |
|---|---|---|---|---|
| Canary Staked SUI ETF (SUIS) | Nasdaq | Spot, with staking | 0.75% sponsor fee | About $29.8M |
| Grayscale Sui Staking ETF (GSUI) | NYSE Arca | Spot, with staking | 0.35% expense ratio* | Not confirmed |
| 21shares Sui Staking ETF (TSUI) | Nasdaq | Spot, with staking | 0.30% | About $28.5M |
| 21shares 2x Long Sui ETF (TXXS) | Nasdaq | 2x daily leveraged, derivatives | 1.89% | About $6.6M |
*The GSUI fee is the figure shown on Robinhood's fund page, because Grayscale's own page did not load for us. Check the prospectus for the authoritative number. Asset figures for SUIS, TSUI and TXXS come from each issuer's product page.
The three funds with published asset figures hold about $65 million between them, which is small for ETFs. Smaller funds can trade with wider spreads, so check volume before you buy.
How the spot Sui ETFs work
Each spot fund buys and holds SUI through a custodian. Its share price follows the value of that SUI, minus fees. All three also stake part of their holdings with Sui validators and add the rewards to the fund's net asset value (NAV), so you never receive staking payouts directly.
- GSUI was previously the Grayscale Sui Trust, which SEC records show filing under that name until 17 February 2026. The Sui Foundation describes it as Grayscale's fourth Sui-related product, after trusts for SUI, Walrus (WAL) and DeepBook (DEEP).
- SUIS lists an inception date of 17 February 2026. Canary's page says "staking yield is not issued directly to investors" and that accrued rewards are included in the trust's daily NAV.
- TSUI says the trust "generally intends to stake between 70% and 90% of its SUI holdings". Since 27 August 2026 it has priced its NAV against the FTSE Sui Index instead of the CME CF Sui-Dollar Reference Rate.
Staking inside a fund has a cost. The fund keeps a slice of rewards to cover fees and the staking provider, and it holds back some SUI unstaked so it can meet redemptions. Our explainer on staking ETFs covers this model in more detail across chains.
The 2x leveraged fund: TXXS
TXXS is a different product. According to 21shares, it seeks twice the daily price performance of SUI through swaps, futures and options rather than by holding SUI. Because it resets daily, holding it for longer than one day can produce returns very different from twice SUI's move, and it can lose money even when SUI ends flat. The issuer warns that investors could lose the entire value of their investment within a single trading day.
Leveraged ETFs are built for short-term trading. In July 2026 TXXS carried out a 1-for-10 reverse share split, which changes the share count but not the value of a holding. Our guide to leverage in crypto explains why volatility erodes leveraged returns over time.
Sui ETF vs holding and staking SUI yourself
| Spot Sui ETF | SUI in your own wallet | |
|---|---|---|
| Access | Any brokerage that lists the fund | A crypto exchange, then a Sui wallet |
| Custody | Fund custodian | You hold the keys |
| Staking | Done by the fund; rewards in NAV, after fees | You choose a validator or a liquid staking token |
| Trading hours | Stock-market hours | 24/7 |
| Use in DeFi | No | Yes |
| Main extra risk | Fund fees, tracking and premium/discount to NAV | Key security, and smart-contract risk if you use DeFi |
An ETF suits someone who wants SUI price exposure in a retirement or brokerage account and is happy to pay a fee for that convenience. Holding SUI yourself suits someone who wants to stake directly, use DeFi apps or move funds at any hour. Our guide to staking SUI covers native staking and liquid staking with JWLSUI, and our liquid staking comparison sets JWLSUI against haSUI, vSUI and afSUI.
How to buy a Sui ETF
You buy these funds by ticker through a brokerage account, the same way as any other ETF. Availability varies by broker. Robinhood, for example, lists GSUI; see our guide to buying SUI on Robinhood for what it does and does not offer. Before buying, compare the fee, the fund's assets and trading volume, and how far its market price has strayed from its NAV.
Risks to understand
- SUI price risk. A spot ETF falls when SUI falls. Staking rewards are small next to price moves.
- Fund risk. Fees, custody arrangements, tracking differences and small fund size can all affect your return. Small funds can also close.
- Staking risk. Rewards are variable, and staked SUI takes time to unstake, which the fund has to manage.
- Leverage risk. TXXS can lose value quickly and is not designed for long holding periods.
- Regulatory structure. These are exchange-traded products holding a crypto asset. Read each prospectus to see how the fund is structured and what protections apply.
Frequently asked questions
Is there a Sui ETF?
Yes. As of 20 October 2026 there are three US spot Sui ETFs that also stake SUI, namely Grayscale's GSUI, Canary's SUIS and 21shares' TSUI, plus the 21shares 2x Long Sui ETF (TXXS).
What was the first Sui ETF?
The 21shares 2x Long Sui ETF (TXXS), which listed on Nasdaq on 4 December 2025, was the first ETF tied to SUI. The first spot funds, SUIS and GSUI, began trading on 18 February 2026.
Do Sui ETFs pay staking rewards?
Not directly. GSUI, SUIS and TSUI stake part of their SUI and add the rewards to the fund's net asset value, after fees. TXXS does not stake because it uses derivatives.
Which Sui ETF has the lowest fee?
Based on the issuers' pages on 20 October 2026, TSUI lists 0.30%, GSUI shows 0.35% on Robinhood, SUIS charges a 0.75% sponsor fee and TXXS 1.89%. Fees can change, so confirm them in each prospectus.
Is a Sui ETF better than buying SUI?
Neither is better for everyone. An ETF is simpler to hold in a brokerage account, while holding SUI yourself lets you stake directly and use DeFi. This article is educational and not investment advice.
Keep reading
- Staking ETFs explained
- Can you buy SUI on Robinhood?
- How to stake SUI: complete guide
- What is Sui?
- Best DeFi platforms on Sui in 2026
This article is educational and is not investment, financial, legal or tax advice. JewelSwap is not affiliated with any fund issuer named here. Fund details are as of 20 October 2026, taken from issuer pages, SEC records, Robinhood and the Sui Foundation, and they can change.
