{"id":153197,"date":"2025-03-18T08:00:34","date_gmt":"2025-03-18T06:00:34","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=153197"},"modified":"2025-03-18T01:28:33","modified_gmt":"2025-03-17T23:28:33","slug":"canary-capital-seeks-sec-approval-for-sui-etf","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/canary-capital-seeks-sec-approval-for-sui-etf\/","title":{"rendered":"Canary Capital Seeks SEC Approval for SUI ETF"},"content":{"rendered":"

This follows its move to establish the fund in Delaware just a week prior, signaling growing institutional interest in the asset.<\/p>\n

Bloomberg\u2019s Eric Balchunas reported<\/a> <\/strong>on the filing, noting its potential impact on SUI\u2019s<\/a> <\/strong>market trajectory. If approved, the ETF could drive further price gains, with analysts eyeing a possible surge toward $7. Canary Capital has been actively expanding its crypto investment products, having already sought approval for ETFs linked to XRP, Hedera, Solana, and Axelar\u2019s AXL token.<\/p>\n

The Sui development team welcomed the ETF filing, calling it a step toward broader adoption. With over $70 billion in DEX trading volume and tens of millions of active accounts, the network is positioning itself as a major player.<\/p>\n