Bitwise has submitted a Form S-1 to the U.S. Securities and Exchange Commission (SEC) on December 18, 2025, seeking approval for a new exchange-traded fund (ETF) focused on the SUI token. The proposed Bitwise Sui ETF aims to provide investors with 100% exposure to the SUI token, with Coinbase designated as the custodian for the fund. This filing is part of Bitwise's ongoing strategy to expand its crypto ETF offerings, which already include major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE).