PANews reported on June 11 that according to the official blog of the Sui Foundation, Nasdaq has submitted an application to the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI ETF, a spot ETF backed by the SUI token. Currently, the 19b-4 application document has been officially published on the SEC's public register, marking the official launch of the review process. This move follows 21Shares' submission of an S-1 registration application in April, reflecting the deepening recognition of institutions for the Sui ecosystem. The two application documents are intended to introduce the Sui ETF to the U.S. market.