Mars Finance reports that asset management firm Canary Capital has announced the launch of its first SUI spot ETF (Nasdaq: SUIS), which also supports staking functionality. The ETF achieves price exposure by directly holding SUI and will be listed on Nasdaq. It aims to track the SUI spot price while generating additional income through participation in the Sui network staking mechanism, with the returns reflected in the fund’s net asset value.
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Canary Capital launches its first SUI spot ETF supporting staking
Mars Finance reports that asset management firm Canary Capital has announced the launch of its first SUI spot ETF (Nasdaq: SUIS), which also supports staking functionality. The ETF achieves price exposure by directly holding SUI and will be listed on Nasdaq. It aims to track the SUI spot price while generating additional income through participation in the Sui network staking mechanism, with the returns reflected in the fund’s net asset value.