Canary debuts spot sui (SUI) exchange-traded fund with staking on the Nasdaq
CoinDesk
Canary Capital launched the first spot SUI ETF (SUIS) on Nasdaq, which includes staking rewards reflected in its net asset value.Summary
Canary Capital has unveiled the Canary Staked SUI ETF (SUIS), the first U.S.-listed spot exchange-traded fund tracking the price of Sui's native token (SUI) that also incorporates staking rewards. The fund reflects net staking income in its Net Asset Value (NAV), offering investors exposure to both price appreciation and on-chain yield within a regulated ETF structure. This launch expands the range of proof-of-stake tokens available in traditional investment wrappers and coincides with Grayscale's listing of its own Sui Staking ETF (GSUI). The Sui Network, underpinned by the token, is built by former Meta engineers and focuses on consumer-facing applications like DeFi and gaming.
(Source：CoinDesk)