Canary Capital Files S-1 form for a SUI ETF with the SEC

• The Sui Exchange Fund (ETF) from Canary Capital was recognized by the US Securities and Exchange Commission (Sec)
• The Crypto Fund Manager has submitted several Altcoin ETFs to the SEC, including Hedera, Litecoin and XRP
• The SUI ETF comes when the world supported by Trump announced Liberty Financial (Wlfi) last week that it would add SUI assets to the token reserve

Canary Capital submitted an S-1 form for the US Securities and Exchange Commission (SEC) for a SUI Exchange Traded Fund (ETF).

according to a blog from the Sui Foundation, the SEC has recognized the submission that stated that it was a "critical early stage" at the approval of the ETF.

The SUI ETF of March 17th Settings Canarian capital. A few crypto ETFs, for which it has already been submitted with the SEC, include Hedera, Litecoin and XRP. The new submission follows a regulatory change within the agency after the re-election of US President Donald Trump last November.

Since then, several organizations have submitted S-1 and 19b-4 forms with the SEC to pursue and list crypto ETFs.

Wlfi join

The Sui Foundation said: “The dynamics of the Sui ecosystem is directly due to its technological lead and recently attracts a flood of institutional builders and products, over 70 billion US dollars of decentralized stock exchange volume (Dex). Validation of this trajectory, since the institutions continue to recognize the advantages of SUI technology.

The message submitted by Canary Capital that submits a sui-ETF announced Last week it would give Sui assets to its token reserve.

Evan Cheng, co-founder and CEO of Mysten Labs, the original contribution to Sui, said: "We believe that the combination of SUIS technology and Wlfi ambitions could help to redefine the world storage and use of assets."

The move for a SUI -ETF takes place according to the Crypto Fund Manager submitted a trust company on March 6, the next step is Canary Capital in submitting a 19b-4 form with the SEC.