{"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":"<p>This follows its move to establish the fund in Delaware just a week prior, signaling growing institutional interest in the asset.<\/p>\n<p>Bloomberg\u2019s Eric Balchunas <strong><a href=\"https:\/\/x.com\/EricBalchunas\/status\/1901663656162513296\" rel=\"nofollow\">reported<\/a> <\/strong>on the filing, noting its potential impact on <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">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<p>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<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-153142\" href=\"https:\/\/cryptodnes.bg\/en\/bitcoin-could-plunge-over-75-warns-economist-peter-schiff\/\" title=\"Bitcoin Could Plunge Over 75%, Warns Economist Peter Schiff\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/12\/bitcoinredbtc-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Bitcoin Could Plunge Over 75%, Warns Economist Peter Schiff<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>The Sui Foundation sees this as another indication of traditional finance\u2019s growing confidence in its ecosystem. Institutions such as Grayscale, Franklin Templeton, and VanEck have already launched financial products leveraging Sui\u2019s infrastructure, spanning tokenized assets and exchange-traded notes.<\/p>\n<p>Adding to this momentum, World Liberty Financial, an entity tied to Donald Trump, recently partnered with Sui, announcing plans to establish a Strategic SUI Reserve, further integrating the blockchain into the financial sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canary Capital is making a push into the crypto ETF market, recently submitting an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for a fund focused on SUI.<\/p>\n","protected":false},"author":3,"featured_media":137521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,234,294,108,266,372,122,288,223],"coin_category":[],"class_list":["post-153197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-donald-trump","tag-etf","tag-price","tag-solana","tag-sui","tag-trump","tag-world-liberty-financial","tag-xrp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canary Capital Seeks SEC Approval for SUI ETF<\/title>\n<meta name=\"description\" content=\"Canary Capital is making a push into the crypto ETF market, recently submitting an S-1 filing to the U.S. Securities and Exchange...\" \/>\n<meta name=\"robots\" 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