The SUI token rose 4.9% to $0.9566 on February 21, 2026, with a significant surge in trading volume. Market analysts point to a bullish technical setup and the launch of two U.S.-listed spot SUI ETFs from Canary Capital and Grayscale as key factors driving investor interest. The new ETFs provide regulated exposure and include embedded staking rewards.
The SUI token increased 4.9% to $0.9566 on Saturday, February 21, 2026. Its 24-hour trading volume jumped 31.78% to $568.88 million, signaling renewed market activity.
Analyst Nehal highlighted a bullish 4-hour setup after a rebound from a $0.93–$0.94 support range. Suggested entry zones are between $0.925–$0.94, with a stop-loss at $0.905 and take-profit targets at $0.970, $0.999, and $1.03.
Momentum expansion is expected if the token moves above $0.97. A drop below $0.905 would invalidate the bullish scenario, according to the analysis.
In a significant development, Canary Capital launched the Canary Staked SUI ETF on Nasdaq. Grayscale simultaneously introduced the GSUI fund on NYSE Arca.
Both ETFs embed staking rewards directly into their net asset values. This provides investors with regulated exposure to SUI’s price and proof-of-stake yields.
Steven McClurg, CEO of Canary Capital, confirmed that staking is integral to the fund’s design, not a separate product. Adeniyi Abiodun, co-founder of Mysten Labs, stated the ETFs offer a streamlined entry point into Sui’s ecosystem.
The launches represent a trend of crypto ETFs expanding beyond Bitcoin and Ethereum. They offer a test case for regulated, yield-bearing digital asset products.
