Canary Capital has filed to form a trust in Delaware for its proposed Canary SUI ETF —a move that could potentially be filed with the SEC for regulatory approval.
World Liberty Financial partners with blockchain Sui , adding SUI to its “Macro Strategy” strategic reserve fund. Following the announcement, SUI surged more than 15% , but did not immediately react to the news of the Canary SUI ETF .
Canary Capital and Grayscale Investments are actively promoting altcoin ETFs . In addition to the SUI ETF , Canary also plans funds tracking LTC, XRP, SOL, HBAR .
On Wednesday , Canary Capital filed an S-1 with the SEC for the Canary AXL ETF , which focuses on the Axelar Network ’s AXL token . If approved, Canary would become the first firm to propose a Sui-style ETF in the United States .
