Key Highlights:
- Grayscale is launching the SUI Staking ETF on NYSE Arca tomorrow, February 19, 2026.
- The price of SUI’s token did not give out an immediate reaction to this announcement.
- Market sentiment remains weak, with crypto Fear and Greed Index at 12.
Grayscale has officially announced on social media platform X today, February 18, 2026, that it is launching SUI Staking ETF (GSUI) on its platform. With this product, the company will provide traditional investors with the SUI token from the Sui Network. As per the announcement, the fund will begin trading on February 19, 2026.
Grayscale Sui Staking ETF (Ticker: $GSUI) offers investors direct exposure to $SUI. 💧 $GSUI starts trading tomorrow on @NYSE Arca. pic.twitter.com/HzhTyAd3pd
— Grayscale (@Grayscale) February 18, 2026
This move will allow traditional investors to gain exposure to SUI without directly buying, storing or managing the cryptocurrency themselves.
What is the SUI Staking ETF?
The Grayscale Sui Staking ETF, trading under the ticker GSUI, is structured as a Delaware statutory trust and a grantor trust. It is not registered under the Investment Company Act of 1940 and hence it does not have to follow the same regulatory framework as traditional mutual funds or standard ETFs.
Basically, this ETF product is designed to hold SUI tokens. Here each SUI share is representing a slice of the SUI tokens the trust is holding and this is after cutting out fees and other costs.
If tax rules and regulators give the green light, the fund can also stake those tokens, which means earning extra rewards just for holding them.
How it Works
GSUI is nothing but a passive investment product. It does not actively trade or attempt to outperform the market. Instead, it aims to mirror the price movement of SUI.
Large institutional players known as authorized participants can create or redeem shares in blocks of 10,000. This can be done either through in-kind SUI deposits or cash transactions.
If staking becomes fully operational, the trust may update its name so that they can highlight that aspect of the product.
ETFs are mostly preferred by the institutional investors because with this product, one does not have to directly hold crypto wallets and the token and they do not even need to manage the operations on the blockchain.
Price Reaction: How Did SUI Respond?
Even though the ETF announcement was made today, SUI has not experienced price surge. At press time, the price of the token is trading around $0.9675 with a dip of 0.85% in the last 24-hours as per CoinMarketCap.
One of the reasons could be that the market currently is not doing very well. As of February 18, 2026, the market is reportedly down by about 0.48%, a sign that many digital assets are under pressure rather than rallying.
At the same time, Bitcoin that was hovering around $68,000 for the last few days has now dropped down to a $67,000, level. The market sentiment is also negative as the crypto Fear and Greed Index reflects 12, which indicates extreme fear.
However, as of now, SUI remains steady at this level and there has been no immediate breakout following the news.
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