Canary Sui ETF Registered as Sui Foundation Plans New Collaboration

A recent update from Delaware’s official registration portal reveals that a new exchange-traded fund (ETF) tied to the Sui network, known as "Canary Sui ETF," was officially filed on March 6.

This marks an early step in the process for the fund manager to seek approval through an S-1 registration with the U.S. Securities and Exchange Commission (SEC).

This filing follows Canary’s application for an AXL ETF earlier in the week. Additionally, the firm has plans to launch similar products focused on other assets like Hedera, Litecoin, XRP, and Solana.

In related news, the Sui Foundation recently announced its intention to work with the World Liberty Financial project, which counts former U.S. President Donald Trump as one of its backers.

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The details of their potential collaboration remain vague at this time.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.