{"id":834851,"date":"2025-03-18T08:12:15","date_gmt":"2025-03-18T13:12:15","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/canary-capital-files-for-sui-etf-after-reserve-deal-with-world-liberty-financial\/"},"modified":"2025-03-18T08:12:15","modified_gmt":"2025-03-18T13:12:15","slug":"canary-capital-files-for-sui-etf-after-reserve-deal-with-world-liberty-financial","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/03\/18\/canary-capital-files-for-sui-etf-after-reserve-deal-with-world-liberty-financial\/","title":{"rendered":"Canary Capital Files for SUI ETF After Reserve Deal With World Liberty Financial"},"content":{"rendered":"
\n

The move comes after World Liberty Financial said it would add Sui assets to its token reserve earlier this month. <\/h2>\n

Mar 17, 2025, 4:27\u202fp.m. UTC<\/span><\/p>\n<\/div>\n

\n

Canary Capital has submitted paperwork with the Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of Sui (SUI), a layer-1 blockchain.<\/p>\n

The hedge fund manager on Monday submitted an S-1 filing with the SEC after previously registering a trust entity<\/a> in the state of Delaware \u2014 on March 7 \u2014 which appeared on the state\u2019s Division of Corporations website.<\/p>\n

Canary Capital has filed several crypto ETF filings with the Securities and Exchange Commission (SEC) in recent months, including for Dogecoin (DOGE), Solana (SOL) and XRP, among others.<\/p>\n

The decision to launch a SUI ETF comes 10 days after Trump-affiliated decentralized finance (DeFi) platform World Liberty Financial (WLFI), said that it would add Sui assets to its token reserve<\/a> and explore product development opportunities.<\/p>\n

SUI jumped on the news, currently trading at $2.34. While the token is up over 52% over the past 12 months, zooming into the past month, it is down about 31%.<\/p>\n

Canary Capital is now expected to file a 19b-4 document with the SEC, making its plans for a SUI fund official.<\/p>\n<\/div>\n

\n
\n
Helene Braun<\/a><\/h5>\n

Helene is a New York-based news reporter at CoinDesk, covering news about Wall Street, the rise of the spot bitcoin exchange-traded funds (ETFs) and updates on crypto exchanges. She is also the co-host of CoinDesk’s Markets Daily show on Spotify and Youtube. Helene is a recent graduate of New York University’s business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.<\/p>\n

X icon<\/title><\/svg><\/a><\/svg><\/a><\/g><\/svg><\/a><\/p>\n<\/div>\n

\"Helene<\/a><\/p>\n<\/div>\n

Read More<\/a>
\n Helene Braun<\/p>\n","protected":false},"excerpt":{"rendered":"

The move comes after World Liberty Financial said it would add Sui assets to its token reserve earlier this month. Mar 17, 2025, 4:27\u202fp.m. UTC Canary Capital has submitted paperwork with the Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of Sui (SUI), a layer-1 blockchain. The hedge fund<\/p>\n","protected":false},"author":1,"featured_media":834852,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27034,248],"tags":[],"class_list":{"0":"post-834851","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\/834851","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=834851"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/834851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/834852"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=834851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=834851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=834851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}