<ul><li>SEC delays decision on SUI ETF by financial firm Canary, signaling regulatory reluctance towards spot crypto ETFs due to concerns about market manipulation and investor protection.</li><li>Canary's filing for a spot ETF based on SUI, a token for high-speed blockchain operations, generated interest in digital asset space, but the SEC's thorough review process may result in months-long delay for a final decision.</li><li>Mixed reactions within the crypto community to SEC's cautious approach, with some fearing innovation slowdown while others acknowledge the need to address crypto's unique risks; SUI's price remains stable amid uncertainty.</li><li>Regulatory challenges in integrating crypto into traditional financial framework highlighted by SEC's hesitation on spot ETFs, posing complexity and urgency for both institutional and retail investors seeking direct crypto exposure.</li></ul>

SEC Holds Back SUI ETF Decision Amid Ongoing Scrutiny of Crypto Markets

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