Grayscale has declared a bullish future for Sui and its staking ETF (ticker: GSUI), which provides a more regulated way for both institutional and retail investors to gain exposure to the Sui network.
Grayscale’s backing comes just two days after Sui Blockchain Eliminating gas fees for stablecoin transfers. Sui, along with Bitcoin and Ethereum, is one of the core assets offered by Grayscale in its growing portfolio of crypto products.
Grayscale continues its strategy of supporting blockchain networks that are ready for widespread institutional adoption. The asset manager’s track record includes building products specifically for projects such as BTC, ETH, and Solana when it identifies sufficiently bullish conditions.
What exactly is GSUI ETF?
According to the fund, ×Notice,on the other hand, Grayscale Sui Staking ETF This means that the GSUI ETF does not offer the same level of regulatory oversight or investor protection as standard ETFs or mutual funds, and all investors should consider carefully before purchasing.
In its declaration, Grayscale pointed out the importance of Sui’s new payment functionality. “Stablecoins are becoming core financial infrastructure,” the company says. I wrote to X. “Networks that remove friction win. We believe that.” $SUI I just deleted one of the biggest ones. ”
So far, we have supported major assets such as Bitcoin, Ethereum, and Solana. Reported by CryppolitanGrayscale has now identified Sui as a top candidate to attract future institutional capital should the US cryptocurrency bill pass, placing it in the same discussion as other high-potential networks such as BNB Chain and Canton Network.
Free stablecoin transfers now live on mainnet
The “friction” Grayscale was referring to is gas prices. On Thursday, May 21st, Sui Network confirmed that it has solved this problem by launching completely gasless stablecoin transfers on mainnet, eliminating all transfer costs for USDC, FDUSD, USDSui, and several other supported tokens.
Mysten Labs co-founder Adeniyi Abiodun, the team that originally built Sui, called the update a step toward making the network a “global rail for payments.” According to , this new feature will be a permanent protocol-wide change. press release This Wednesday.
Fireblocks, a digital asset infrastructure provider that has processed over $14 trillion in transactions, was also one of the first companies to integrate support for gasless transfers prior to deployment.
Ran Goldi, SVP of payments and networks at Fireblocks, said Sui is “doing all the right things” by removing “a major friction point for companies building on-chain payment flows.”
Sui’s reputation is growing in the stablecoin and DeFi space
According to Abiodun’s remarks at Consensus 2026, the Sui network has recently processed several significant activities, achieving a major milestone of processing over $1 trillion in stablecoin transfer volume since August 2025.
Click here for the latest data Defilama It also shows that Sui holds approximately $570 million in Total Value Locked (TVL) across DeFi protocols, with a stablecoin market capitalization of approximately $582 million.
According to coin market cap, $SUI The token is currently trading around $1.03, well below its all-time high of $5.35 in January 2025.
Increase in products for institutions
GSUI is not the only investment product focused on it. $SUI. 4 $SUILinked products from 21Shares, Grayscale and Canary Capital have already been launched worldwide in 2026. CME Group also plans to list $SUI This gives professional traders access to regulated derivatives on one of the largest regulated exchanges in the United States.
Apart from payments, its institutional infrastructure comes along with protocol upgrades. Abiodun also shared that Sui will launch confidential transaction The company has been testing post-quantum cryptographic signatures on its testnet this year, with the goal of deploying them ahead of the EU’s expected quantum-resistance mandate by 2030.
