Canary Capital has submitted its sixth cryptocurrency exchange-traded fund (ETF) proposal to U.S. regulators, seeking approval for an ETF tracking the spot price of Sui (SUI).
Sui ranks as the 23rd largest cryptocurrency with a market capitalization of approximately $7.36 billion.
The SEC's decision on approving crypto ETFs is anticipated after the confirmation of Trump's SEC Chair nominee.
Bitcoin spot ETFs saw a strong inflow of $274.59 million, while Ethereum spot ETFs experienced a net outflow.