{"id":834839,"date":"2025-03-18T08:12:21","date_gmt":"2025-03-18T13:12:21","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/canary-capital-files-for-sui-etf-sui-token-jump-by-8\/"},"modified":"2025-03-18T08:12:21","modified_gmt":"2025-03-18T13:12:21","slug":"canary-capital-files-for-sui-etf-sui-token-jump-by-8","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/canary-capital-files-for-sui-etf-sui-token-jump-by-8\/","title":{"rendered":"Canary Capital Files for SUI ETF, SUI token Jump by 8%"},"content":{"rendered":"
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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.\u00a0<\/p>\n

As a result of these developments, the SUI token saw a significant 8%<\/a> price surge, reaching $2.4.<\/p>\n

Canary Capital has taken a significant step by submitting an S-1 form to the SEC for the SUI ETF. This follows the firm\u2019s earlier registration of a statutory trust in Delaware on March 7, a move typically made before an official SEC filing.\u00a0<\/p>\n

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Now, Canary Capital also needs to file a 19b-4 form through the chosen exchange to list the ETF.<\/p>\n

Meanwhile, the interest in SUI has been growing, especially after World Liberty Financial, a crypto venture linked to Donald Trump and his sons, partnered with the Sui blockchain.\u00a0<\/p>\n

Their goal is to explore new product development opportunities while adding Sui assets to their Macro Strategy fund. This development further strengthened the case for an SUI ETF.<\/p>\n

How SUI Is Gaining Market Attention<\/h2>\n

The Sui team has welcomed Canary Capital\u2019s ETF filing, calling it a major step in bringing the token to a wider audience. Sui\u2019s growing influence is evident, with over $70 billion in decentralized exchange (DEX) trading volume and 67 million accounts.\u00a0<\/p>\n

Institutional investors have also started showing interest, positioning SUI as a serious player in the crypto space.<\/p>\n

Canary Capital\u2019s Other Crypto ETF Filings<\/strong><\/h2>\n

Beyond SUI, Canary Capital has been actively working on launching ETFs for other cryptocurrencies. The firm has already filed for an ETF tracking the AXL token<\/a>, which powers the Axelar Network.\u00a0<\/p>\n

Additionally, Canary Capital has submitted ETF filings for Dogecoin (DOGE), Solana (SOL), and XRP, expanding its reach in the crypto investment market.<\/p>\n

Following the ETF news, the SUI token is currently trading at $2.34. Despite being up 50% over the past year, SUI has seen a decline of about 31% in the last month. However, with growing institutional interest and ETF filings, the token could see further gains soon.<\/p>\n<\/div>\n

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\n Mustafa Mulla<\/p>\n","protected":false},"excerpt":{"rendered":"

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.\u00a0 As a result<\/p>\n","protected":false},"author":1,"featured_media":834840,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27034,248],"tags":[],"class_list":{"0":"post-834839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canary","8":"category-capital"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=834839"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834840"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}