Asset supervisor Canary Capital has filed the S-1 type for its SUI ETF with the US Securities and Exchange Commission (SEC). This comes only a week after the agency filed in Delaware to include the fund.
Canary Capital Files For SUI ETF With US SEC
In an X post, Bloomberg analyst Eric Balchunas revealed that Canary Capital has simply filed the S-1 type for its SUI ETF with the US SEC. This submitting comes simply after the asset manager filed to include the fund in Delaware every week in the past. This offers a bullish outlook for the SUI worth, which is already eyeing a rally to as excessive as $7, which can mark a brand new ATH for the crypto.
Canary Capital turns into the primary asset supervisor to file for a fund that may present institutional traders entry to SUI. Meanwhile, the agency already filed to supply an XRP, Hedera, and Solana ETFs. Last week, the asset supervisor filed an S-1 with the SEC to launch an ETF monitoring Axelar’s AXL token.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated matters that minimize throughout a number of matters and niches. Boluwatife has a knack for simplifying essentially the most technical ideas and making it straightforward for crypto newbies to know. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
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