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Grayscale Sui Trust Begins Trading on OTCQX with 2.50% Fee

According to Grayscale, the Sui-based GSUI investment product began trading on the OTCQX market on November 20, offering regulated exposure to Sui blockchain assets.

SUI

Summary

Grayscale announced that its Grayscale Sui Trust (ticker: GSUI) began trading on OTCQX on November 20. The product provides investment exposure to assets on the Sui blockchain and carries an annual fee rate of 2.50%. OTCQX is recognized for greater transparency and compliance standards compared to lower-tier OTC markets.

Terms & Concepts
  • OTCQX: An over-the-counter market for publicly traded companies offering greater transparency and compliance standards than lower-tier OTC markets.
  • Grayscale Sui Trust (GSUI): An investment product by Grayscale offering exposure to Sui blockchain assets, now trading on the OTCQX market.
  • Fee rate: The annual percentage charged by a fund or product for management and operational expenses.