Odaily Planet Daily News According to official documents, Nasdaq has submitted a 19b-4 application for the 21Shares SUI ETF to the U.S. Securities and Exchange Commission (SEC).
The 19b-4 form is a document required by the SEC for trading platforms to submit for rule changes or new product listing applications. The ETF issuer submits a registration statement to the SEC, and the trading platform must apply to the SEC through the 19b-4 document to allow the ETF to be listed and traded on its platform, proving it meets listing rules (such as liquidity, transparency, etc.). The ETF can only be listed on the trading platform after SEC approval.