{"id":125284,"date":"2025-03-18T06:19:51","date_gmt":"2025-03-18T06:19:51","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=125284"},"modified":"2025-03-18T06:19:51","modified_gmt":"2025-03-18T06:19:51","slug":"canary-capital-proposes-first-sui-etf-in-us-sec-filing","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=125284","title":{"rendered":"Canary Capital proposes first Sui ETF in US SEC filing"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsCanary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui.<br \/>\nIn a March 17 Form S-1 filing to the Securities and Exchange Commission, the crypto investment firm requested to list the Canary SUI ETF, which didn\u2019t include information on what exchange it would trade on or the proposed ticker symbol.<br \/>\nThe ETF would directly hold Sui (SUI), the native token of the layer-1 blockchain used for fees and staking, which is the 23rd largest cryptocurrency with a market value of around $7.36 billion, per CoinGekco.<br \/>\nSui is trading up 1.3% over the last day to $2.31 and has gained 7.3% over the week. It has, however, fallen 56.5% from its Jan. 5 all-time peak of $5.35.<br \/>\nSui\u2019s price over the last 24 hours hit a high of $2.38 but has since slightly fallen. Source: CoinGekcoCanary had registered a trust in Delaware on March 6 for the fund, and it must also file a Form 19b-4 with the SEC before the agency can consider whether to list it for trading.<br \/>\nCanary\u2019s Sui filing is its sixth crypto ETF bid with the SEC. In the past few months, it filed for ETFs tracking Solana (SOL), Litecoin (LTC), XRP (XRP), Hedera (HBAR) and Axelar (AXL).<br \/>\nThe filing comes after Sui said on March 6 that it partnered with World Liberty Financial, the crypto platform backed by US President Donald Trump.<br \/>\nPart of the partnership saw World Liberty include the Sui token in its so-called \u201cMacro Strategy\u201d token reserve and explore further product opportunities together.<br \/>\nRelated: Hashdex amends S-1 for crypto index ETF, adds seven altcoins<br \/>\nTrump has promised to relax regulatory enforcement against crypto, which has sparked a flurry of crypto ETF filings amid optimism that the SEC under his administration will move to greenlight them.<br \/>\nThe SEC has delayed making decisions on multiple crypto ETF filings, but Commissioner Hester Peirce said last month that the agency would wait until the Senate confirms Trump\u2019s pick to chair the SEC, Paul Atkins, before deciding on an agenda for crypto.<br \/>\nA Senate confirmation hearing for Atkins is reportedly slated for March 27, having been delayed due to issues with financial disclosures.<br \/>\nMagazine: Crypto fans are obsessed with longevity and biohacking \u2014 Here\u2019s why\u00a0<a href=\"https:\/\/cointelegraph.com\/news\/canary-capital-sui-etf-filing-sec-sixth-crypto-fund?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsCanary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui. In&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125284"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=125284"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/125284\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125284"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}