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Yesterday, an application was made for an ETF for the popular altcoin that partnered with Trump! - Coin Bulletin
Canary Capital, Sui (SUI) has applied for a stock exchange investment fund (ETF). This application, registered in the state of Delaware, also hinted at the possibility of a spot ETF for SUI in the future.
Exciting developments continue to occur in the cryptocurrency market. Canary Capital's ETF application for SUI shows increasing institutional interest in this blockchain project. There is also a possibility of the ETF application turning into a spot SUI ETF in the future. This development can create excitement among cryptocurrency investors and may also affect the price of SUI.
Recently, Sui drew attention by partnering with World Liberty Financial (WLFI), supported by Donald Trump. WLFI announced that they added Sui to their strategic reserve, after which the SUI price increased by 10% from $2.628 to $2.85. Within the scope of this partnership, two projects had started developing Web3-based financial solutions.
Canary Capital's SUI ETF application is considered as an important corporate move following the WLFI partnership.