Canary Capital Files Application to Launch a Sui Spot ETF
Canary Capital has submitted S-1 documents to the SEC to register a Sui (SUI) spot exchange-traded fund (ETF) on the 17th.
This marks the initial step towards officially listing the SUI ETF on the US public market, potentially accelerating the Sui ecosystem’s integration into the mainstream financial system.
The ETF is designed as the first publicly offered financial product enabling direct investment in SUI, the native token of the Sui network, for both institutional and individual investors. If approved, it would be the first SUI spot ETF in the United States.
In the past six months, major financial institutions like Grayscale, Franklin Templeton, VanEck, and Ant Financial have launched investment products and projects based on the Sui ecosystem.
