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Canary Capital Files First SUI ETF with SEC

2025-03-18 01:00

Odaily News According to official news, Canary Capital has submitted the first exchange-traded fund (ETF) application based on Sui. The application has been accepted by the U.S. Securities and Exchange Commission (SEC), marking an important step for Sui to provide public investors with direct exposure to SUI tokens.
If approved, the proposed ETF will be the first publicly available investment vehicle in the U.S. dedicated to Sui, providing a regulated, easily accessible path for retail and institutional investors. With increasing institutional interest, financial giants like Grayscale, Franklin Templeton, VanEck and Ant Financial have already made investments in the Sui ecosystem, and this ETF application demonstrates the market's confidence in the future potential of the Sui network.