Canary Capital aims to launch the first Sui ETF. On Monday, Canary announced its regulatory application to launch an ETF linked to the spot price of Sui, a cryptocurrency associated with the Sui Network.
“There’s been a tremendous shift in the landscape and mood among cryptocurrency market participants since the election,” said Steven McClurg, founder of Canary. “I’m optimistic that we’re on track for many approvals before the end of 2025.”
This marks Canary’s sixth ETF filing with the SEC, alongside Litecoin, Hedera, Axelar, XRP, and Solana.
The Sui ETF announcement follows Donald Trump’s crypto project, World Liberty Financial, revealing plans to include Sui in its strategic reserves.
