Canary Capital has officially submitted to the US Securities and Stock Exchange Committee to launch an Exchange (ETF). This step follows a recent advertisement issued by World Liberty Financial (WLFI), a subsidiary of Donald Trump’s encryption and his sons, saying that he will add SUI’s assets to its symbolic reserves.
As a result of these developments, Sui symbol He saw 8 % big Increased price, up to $ 2.4.
Canary Capital boost for sui etf
Canary Capital has taken an important step by introducing the S-1 model to SUI ETF. This is followed by the registration of the former legal confidence company in Dilayer on March 7, a step that was usually taken before the official SEC presentation.
Now, Canary Capital also needs to provide a 19B-4 model through the selected exchange of ETF.
Meanwhile, the interest of Sui was growing, especially after World Liberty Financial, a encoding project linked to Donald Trump and his sons, a partnership with Sui Blockchain.
Their goal is to explore the chances of developing new products with the addition of SUI assets to the macro strategy fund. This development has strengthened the sui etf case.
How to gain only market attention
The SUI team welcomed the Canary Capital ETF files, describing it as a big step in bringing the distinctive symbol to a wider audience. The SUI’s increasing effect is evident, with the stock exchange trading (DeX) more than 70 billion dollars and 67 million accounts.
Founding investors also began to show attention, as they put SUI as a serious player in the encryption space.
Other ETF encryption files from Canary Capital
Behind SUI, Canary Capital actively launches investment funds traded in other encrypted currencies. The company is already Submitted to track ETF tracking AXL CodeWhich runs the Axlaar network.
In addition, Canary Capital has provided Dogoin (DOGE), Solana (SOL) and XRP, which expands its scope in the investment market in encryption.
After ETF news, the Sui icon is currently traded at $ 2.34. Despite its 50 % increase during the past year, SUI witnessed a decrease of about 31 % last month. However, with increasing institutional interest and ETF files, the symbol can see more gains soon.
