Canary Capital officially deposited with the Securities and Exchange Commission (SEC) of the United States to launch a fund negotiated by Sui (ETF). This decision follows a recent announcement by World Liberty Financial (WLFI), a cryptographic company supported by Donald Trump and his sons, declaring that he would add assets at his token reserves.
Following these developments, the SUP token Given a significant 8% Price operation, reaching $ 2.4.
The Canary Capital Pushing for an ETF Suis
Canary Capital has taken an important step by subjecting an S-1 form to the SEC for the Su Etf. This follows the previous registration by the firm of a statutory trust in Delaware on March 7, a decision generally made before an official dry file.
Now, Canary Capital must also file a 19B-4 form via the exchange chosen to list the ETF.
Meanwhile, the interest in sui has increased, especially after World Liberty Financial, a cryptographic company linked to Donald Trump and his sons, has teamed up with the AU blockchain.
Their goal is to explore new product development opportunities while adding assets to their macro strategy fund. This development has also strengthened the case for an ETF SU.
How to attract market attention
The SU team welcomed the Canary Capital FNB file, calling it a major step in the introduction of the token to a wider audience. The growing influence of SU is obvious, with more than $ 70 billion in decentralized grant volume (DEX) and 67 million accounts.
Institutional investors have also started to show interest, positioning Such as a serious actor in cryptographic space.
The other deposits of the Crypto ETF of Canary Capital
Beyond Sui, Canary Capital has actively worked on the launch of FNB for other cryptocurrencies. The company has already Posed for an ETF according to the Axl tokenwhich feeds the Axlar network.
In addition, Canary Capital submitted ETF deposits for Dogecoin (DOGE), Solana (soil) and XRP, expanding its scope in the cryptographic investment market.
Following the ETF News, the SUET token is currently negotiating at $ 2.34. Despite the 50% increase in the past year, SUP has decreased about 31% in the last month. However, with growing institutional interests and FNB deposits, the token could soon see other gains.