Join Our Telegram channel to stay up to date on breaking news coverage
Canary Capital has filed for a proposed Sui ETF (exchange-traded fund) with the US Securities and Exchange Commission (SEC).
In a March 17 Form S-1 filing with the US regulator, the crypto investment firm requested to list the Canary SUI ETF. The filing did not include information regarding which exchange the proposed ETF would be traded on or what its proposed ticker symbol would be.
SUI ETF Filing Is Canary Capital’s 6th Proposed Crypto ETF
The Canary SUI ETF is the 6th crypto fund proposed by the investment firm. In the last few months, the company has also submitted proposals for ETFs tracking Solana, XRP, Litecoin, Hedera and Axelar.
That’s after US President Donald Trump said that he plans to relax regulatory enforcement against the digital asset space. This promise has led to a flurry of new crypto ETF filings with the SEC. However, the SEC has chosen to delay making decisions on several crypto ETF filings.
Commissioner Hester Pierce said in February that the US regulator is waiting for Senate confirmation of President Trump’s pick for SEC Chair, Paul Atkins, before moving forward with its crypto agenda.
After several delays due to issues relating to financial disclosures, a Senate confirmation for Atkins is reportedly set for March 27.
Filing Comes After SUI Announced Partnership With Trump’s World Liberty Financial
Canary’s Sui ETF filing comes less than 2 weeks after SUI announced on March 6 that it partnered with the Trump family’s World Liberty Financial. As part of the partnership, the DeFi platform has included the Sui token in its “Macro Strategy” token reserve.
🚨 BREAKING — we’re extremely excited to announce a partnership with @worldlibertyfi, a Donald J. Trump-inspired pioneering DeFi protocol, rooted in a shared vision for a more open and transparent financial world.
As part of this collaboration:
💥 WLFI will include SUI in their… pic.twitter.com/7J1gB0EbS4— Sui (@SuiNetwork) March 6, 2025
SUI’s price experienced a minor uptick in the last 24 hours to trade at $2.29 as of 2:08 a.m. EST. This gain added to the crypto’s positive weekly performance, which currently stands at more than 5% in the green, according to CoinMarketCap data.
Related Articles:
- US Spot Bitcoins ETFs Record Best Net Daily Inflows In 6 Weeks
- Whale Doubles Down On Massive 40X Bitcoin Short
- Daily NFT Sales Pump +80%
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
