Nasdaq's SUI Crypto ETF Gets SEC Timeout Extension
Published Date: 7/25/2025
Notice
Summary
The SEC is taking extra time to review Nasdaq’s plan to list and trade shares of the 21Shares SUI ETF, a new commodity-based fund. This means investors and the market will wait until September 8, 2025, for a final decision. The delay helps ensure the SEC carefully considers all details before giving the green light or a no-go.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
SEC delays decision on SUI ETF
The SEC is taking extra time to review Nasdaq’s May 23, 2025 proposed rule change to list the 21Shares SUI ETF. The normal 45-day review period (which would have ended July 25, 2025) is extended so the Commission will make a final decision by September 8, 2025, meaning investors and the market must wait until that date for approval or disapproval.
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