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Canary Capital has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an SUI exchange-traded fund (ETF). This move follows a recent announcement by World Liberty Financial (WLFI), a crypto venture backed by Donald Trump and his sons, stating that it would add Sui assets to its token reserves.
Canary Capital has added layer-1 blockchain token Sui to its list of potential ETFs.
Canary Capital's SUI ETF filing could pave the way for the first SUI ETF in the United States under an SEC that's more amiable to cryptocurrency and related investment products.
The move comes after World Liberty Financial said it would add Sui assets to its token reserve earlier this month.
Asset manager Canary Capital has filed the S-1 form for its SUI ETF with the US Securities and Exchange Commission (SEC). This comes just a week after the firm filed in Delaware to incorporate the fund.
Canary's S-1 filing for a Sui spot ETF could accelerate mainstream crypto adoption and influence regulatory perspectives on digital assets. The post Canary files S-1 for Sui spot ETF appeared first on Crypto Briefing.
Sui Network (SUI) has seen a remarkable growth, featuring as one of the best blockchain performers in the cryptocurrency market. Deemed the next Solana (SOL) or the Solana-killer, Sui now has a higher stablecoin market cap than five of its competitors combined, including Cardano (ADA), once called the Ethereum (ETH)-killer.
The crypto market remains volatile into the third week of March. Several key events this week in crypto could exacerbate this volatility, capturing the attention of traders, developers, and enthusiasts alike.
Both SOL and SUI are up by over 6% on a daily scale.
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Parasol, a subsidiary of Mysten Labs and the platform that enables game developers to incorporate blockchain infrastructure into games, said in a Friday press release that CODE OF JOKER: EVOLUTIONS, the SEGA-licensed game by Jokers Incorporated, will be released on
Parasol, a gaming infrastructure startup and Mysten Labs subsidiary, confirms that SEGA-licensed CODE OF JOKER: EVOLUTIONS by Jokers Inc. is coming to Sui. The post Legacy Trading Card Game From SEGA Launches on Sui appeared first on Cryptonews.
The major layer 1 networks have all hit major support levels. If crypto is to recover, the likes of Ethereum (ETH), Solana (SOL) and Sui (SUI) will need to reverse their downtrends and rally, potentially into the backend of 2025.
Venly partners with Sui to simplify blockchain game development through wallet solutions, NFT and token APIs, and payment infrastructure, enhancing user experience and adoption.
Blockaid has announced a partnership with the Sui Foundation to enhance the Sui ecosystem's security. According to the announcement, Blockaid will add protection to Sui wallets and respond to smart contract exploits, offchain threats and operational faults on Sui.The Sui Foundation supports the growth of Sui, a layer-1 blockchain launched in May 2023 with the goal of creating a decentralized network that can manage a high volume of transactions with minimal delay.
SUI recent price recovery has reignited bullish sentiment, but its momentum is now being put to the test. After bouncing from key support levels, the price is facing strong resistance that could determine the next major move.
Despite the market's terrible conditions over the last couple of weeks, Sui is still one of the industry darlings of this cycle. It seems like they can do no wrong and every partnership and growth announcement means real growth is happening.
Ahead of Wednesday's CPI data from the U.S. Bureau of Labor Statistics, the altcoin market – led by XRP, and Sui (SUI) – recorded mild gains.
The rise in Sui token's value from $2.85 reached new heights because Canary Capital filed an ETF with World Liberty Financial joined. Many people remain unsure about SUI reaching its $25 target price even though its demand has increased.
Bitcoin and crypto are currently seeing a relief rally on Tuesday. Is this short-term, or could this be the start of something bigger?
The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.
The arrival of the first ETF on SUI could be imminent. This week, it seems that Canary has filed the form S-1 with the SEC.
SUI's new wallets surged by 150%, active addresses climbed by 110%, but the effect on the price is still fresh.
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
