Canary Capital presents Form S-1 for an ETF sui before the SEC

• The bottom quoted in the stock market (ETF) Sui de Canary Capital has been recognized by the United States Stock Exchange and Securities Commission (SEC)
• The cryptocurrency fund manager has presented several ETF of Altcoin before the SEC, including Hedera, Litecoin and XRP.
• Sui’s ETF arises after World Liberty Financial (WLFI), backed by Trump, announced last week that would add sui assets to its Tokens reserve.

Canary Capital has presented an S-1 form before the US stock and values ​​commission. UU.

According to a Blog From the SUI Foundation, the SEC has recognized the presentation, which indicated that it was a “first critical step” in the approval of the ETF. The presentation of the ETF SUI of March 17 is the most recent of Canary Capital.

Some cryptocurrency ETFs that have already presented to the SEC include hedera, litecoin and XRP. The new presentation follows a regulatory change within the agency after the re -election of the US President.

Donald Trump last November. Since then, several organizations have presented the S-1 and 19B-4 forms to the SEC to track and list Cryptocurrencies.

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The Sui Foundation said: «The impulse of the Sui ecosystem is due directly to its technological advantage, which has recently attracted a wave of developers and institutional products, exceeding 70 billion dollars in decentralized exchange volume (DEX) and accumulating more than 67 million accounts.

Canary Capital application for an ETF is the last confirmation of this trajectory, since institutions continue to recognize the advantages of sui technology ». The news of the Canary Capital application for an ETF of Sui is also significant, since the World Liberty Financial (WLFI) platform, backed by Trump, advertisement Last week you would add Sui assets to your Tokens reserve.

Evan Cheng, co -founder and Executive Director of Mysten Labs, the company that originally contributed to Sui, said:

“We believe that the combination of sui technology and Wlfi’s ambitions could help redefine the way the world stores and uses assets.”

The decision to create a SUI ETF occurs after the cryptocurrency fund manager will present a fiduciary entity In the state of Delaware on March 6. The next step for Canary Capital is to present a 19B-4 form before the SEC.