Reported 10 days ago
Canary Capital Group has submitted a proposal to launch an exchange-traded fund (ETF) linked to the spot price of Sui, expanding its filings with the SEC to six as part of a broader trend of increasing ETF applications in the cryptocurrency sector since President Trump's election. With over $7.4 billion in market capitalization, Sui is among the top 25 cryptocurrencies. Amid a favorable regulatory climate, optimism is growing that more cryptocurrency ETFs may receive approval before the end of 2025.
Source: YAHOO