TLDR
- 21Shares launched the Spot SUI ETF (TSUI) on Nasdaq February 24, marking the third U.S. spot SUI ETF to go live.
- SUI currently trades around $0.87, reflecting a nearly 40% decline over the last 30 days.
- Chart analysis reveals near-oversold readings with RSI hovering around 34, suggesting potential for a near-term rebound.
- 48.87 million SUI tokens are scheduled to unlock March 1, representing 0.54% of circulating supply.
- Critical support rests between $0.85 and $0.87; breaking above $1.00 would indicate a broader trend reversal.
Sui’s token price remains anchored near critical support levels as institutional investors gain a new avenue for exposure through a recently launched spot ETF.
21Shares debuted its Spot SUI ETF with the ticker TSUI on Nasdaq starting February 24, 2026. The product opened with roughly $9.2 million in assets under management and features a 0.30% annual management fee, which will be waived until October 2026.
This marks the third spot SUI exchange-traded fund available to U.S. investors. Grayscale and Canary Capital previously rolled out their own SUI investment vehicles. Additionally, 21Shares introduced a staked version of the SUI ETF on Nasdaq earlier in February.
The ETF structure enables American investors to gain regulated exposure to SUI tokens through conventional brokerage platforms, eliminating the need for self-custody via cryptocurrency wallets.
At the time of analysis, SUI was changing hands near $0.87, representing a 3.4% uptick over 24 hours. However, the token remains approximately 40% below its price from one month ago and continues struggling to recapture the psychological $1.00 threshold.
Spot market volume reached $474 million, declining 12% from the previous session. Derivatives trading activity dropped 14% to $685 million, while open interest contracted 2.8% to $447 million—indicators that leveraged positioning is diminishing.
Technical Picture
SUI remains positioned beneath both its 20-day and 50-day exponential moving averages, which currently function as resistance barriers. The 50-day EMA is stationed around $0.94.
The Relative Strength Index recently touched the low-30s territory, indicating oversold momentum conditions, and has started showing upward inflection. Price action has been hugging the lower Bollinger Band, while the bands themselves are beginning to squeeze—a pattern often preceding increased volatility.
The MACD indicator continues trading below its signal line with negative histogram bars visible, confirming ongoing bearish momentum in the near term.
Immediate support is established at the $0.85–$0.87 zone. Should price break below $0.80, additional downside targets emerge at $0.70 and potentially $0.65. For bullish scenarios, a decisive break above $1.00 would open pathways toward the $1.03–$1.20 resistance band.
Token Unlock Ahead
SUI sits at the top of this week’s token unlock schedule among major cryptocurrency projects. Data from CryptoRank indicates 48.87 million SUI tokens will enter circulation on March 1, accounting for 0.54% of the total token supply.
Market observers are evaluating whether capital inflows into the newly launched ETF products can counterbalance potential selling pressure generated by the unlock event.
The Sui blockchain has facilitated more than $100 billion in stablecoin transaction volume across the past six months. Its decentralized exchange ecosystem recorded $6.5 billion in trading volume during the last 30-day period.
TSUI entered the market with $9.2 million in assets under management, and industry analysts continue tracking fund flows to gauge whether institutional appetite for SUI exposure is strengthening.
