The Cboe BZX Exchange has filed for a Canary SUI ETF with the SEC, aiming to provide regulated exposure to the SUI token.
If approved, the Canary SUI ETF would be the first U.S. market-focused ETF for the SUI token, offering a breakthrough for altcoin investors.
The proposed ETF may include the innovative feature of staking SUI holdings within the fund, potentially generating passive income through on-chain rewards.
The filing signals growing institutional interest in the Sui blockchain, which has attracted major financial players over the last six months.