Sui Trust is a Delaware statutory trust that holds cryptocurrency (SUI) on behalf of shareholders and issues exchange-traded trust shares representing ownership interests in those holdings. The Trust operates a creation and redemption program allowing authorized participants to create or redeem shares by delivering or withdrawing SUI, and also generates returns by staking SUI tokens through approved providers. The Trust's revenue model relies on a sponsor's fee calculated as a percentage of net asset value paid in SUI, along with staking fees, while all operational expenses are covered by the sponsor; shareholders gain exposure to the underlying SUI cryptocurrency and its staking rewards through easily tradable shares without directly holding or custodying the digital asset themselves.
| USD millions | FY2025 |
|---|---|
| Net Income | -9 |