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šØ NEW: Canary Capital just filed for a Staked SEI ETF in Delaware, according to state filings! šš Another step toward bringing crypto to traditional markets. #SEI #ETF #CryptoNews #CanaryCapital
#TRXETF : A New Frontier for TRON Investors?
In April 2025, Canary Capital submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for the first-ever spot TRON ETF, uniquely incorporating staking rewards. If approved, this ETF would allow investors to gain exposure to TRXās market performance while earning passive income through stakingāa feature that distinguishes it from existing crypto ETFs . ļæ¼
This move aligns with TRON founder Justin Sunās recent hints about institutional developments for TRX, fueling speculation about increased mainstream adoption . However, the SECās historical caution regarding staking features in investment products introduces regulatory uncertainty . ļæ¼ ļæ¼
Despite this, the proposal has sparked interest among investors seeking diversified crypto exposure with added yield potential. As the crypto market evolves, the outcome of this application could set a precedent for future staking-enabled ETFs. ļæ¼
#Write2Earn #CanaryCapital #CryptoInvesting
In April 2025, Canary Capital submitted a proposal to the U.S. Securities and Exchange Commission (SEC) for the first-ever spot TRON ETF, uniquely incorporating staking rewards. If approved, this ETF would allow investors to gain exposure to TRXās market performance while earning passive income through stakingāa feature that distinguishes it from existing crypto ETFs . ļæ¼
This move aligns with TRON founder Justin Sunās recent hints about institutional developments for TRX, fueling speculation about increased mainstream adoption . However, the SECās historical caution regarding staking features in investment products introduces regulatory uncertainty . ļæ¼ ļæ¼
Despite this, the proposal has sparked interest among investors seeking diversified crypto exposure with added yield potential. As the crypto market evolves, the outcome of this application could set a precedent for future staking-enabled ETFs. ļæ¼
#Write2Earn #CanaryCapital #CryptoInvesting
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Could Litecoin ETF Become a Reality? SEC Opens Public Comment Period
Recently, the U.S. Securities and Exchange Commission (SEC) has begun reviewing the registration dossier for the Litecoin ETF from Canary Capital, opening the door for the listing of the Litecoin ETF in the U.S. This is a significant step in the journey to bring mainstream crypto products into the stock market.
Highlights of Litecoin ETF
Litecoin, often referred to as "the silver to Bitcoin's gold," is gradually becoming an attractive option in the digital currency world.
Highlights of Litecoin ETF
Litecoin, often referred to as "the silver to Bitcoin's gold," is gradually becoming an attractive option in the digital currency world.
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SUI ETF set to launch in the U.S.: The coin from 'Old Facebook' is waiting to be listed like Bitcoin and Ethereum
The traditional financial market in the U.S. is witnessing a new wave: ETF (Exchange-Traded Fund) funds for altcoins ā cryptocurrencies that are not Bitcoin or Ethereum. Recently, a notable name has appeared on the waiting list: SUI, a relatively new but ambitious Layer-1 blockchain.
What events are happening?
#CanaryCapital ā an asset management company based in Nashville, Tennessee ā has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an ETF fund dedicated to SUI.
What events are happening?
#CanaryCapital ā an asset management company based in Nashville, Tennessee ā has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an ETF fund dedicated to SUI.
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#TRXETF sensation! The First TRX ETF is Coming!
š¹On April 19, 2025, #CanaryCapital made a historic step by applying for the first spot TRX #etf in the USA!
š¹Canary Staked TRX ETF is not just tracking the price. It promises rewards for staking, providing investors with passive income without the hassle
š¹#BitGo will be a reliable custodian of TRX, while Canary Capital is the pioneer of this fund.
š¹This event is the key to the doors of institutional investors in #Tron as now major players will be able to invest in TRX through a standard and regulated instrument. The uniqueness of the ETF lies in the inclusion of staking - this has never been done before!
š¹Justin Sun is thrilled about this prospect. The market reaction is already positive, and the crypto community is eagerly awaiting the SEC's decision.
š¹$TRX is preparing for a new era!
š¹On April 19, 2025, #CanaryCapital made a historic step by applying for the first spot TRX #etf in the USA!
š¹Canary Staked TRX ETF is not just tracking the price. It promises rewards for staking, providing investors with passive income without the hassle
š¹#BitGo will be a reliable custodian of TRX, while Canary Capital is the pioneer of this fund.
š¹This event is the key to the doors of institutional investors in #Tron as now major players will be able to invest in TRX through a standard and regulated instrument. The uniqueness of the ETF lies in the inclusion of staking - this has never been done before!
š¹Justin Sun is thrilled about this prospect. The market reaction is already positive, and the crypto community is eagerly awaiting the SEC's decision.
š¹$TRX is preparing for a new era!
$SUI inverse head and shoulder pattern is complete.
Price is moving towards the breakout level which is at $2.3
Yesterday,#CanaryCapital filed for #SUIš„ spot #ETF too, which shows institutions are taking interest.
I guess a big breakout is just a matter of time.
Price is moving towards the breakout level which is at $2.3
Yesterday,#CanaryCapital filed for #SUIš„ spot #ETF too, which shows institutions are taking interest.
I guess a big breakout is just a matter of time.
š£ļøCongratulations #LitcoinETF
#CanaryCapital has filed an amended S-1 form to launch a#LitcoinETF
#LITCOIN #litcoin $LTC
#CanaryCapital has filed an amended S-1 form to launch a#LitcoinETF
#LITCOIN #litcoin $LTC
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āØ How Cryptocurrency Transformed Diego's Life ā And What It Has to Do with the New TRX ETF?
In a small apartment in Recife, 29-year-old Diego spent hours studying blockchain, even after a full shift as a general services assistant. Without a background in technology or economics, he believed in the transformative potential of cryptocurrencies ā not just as an investment, but as a tool for financial freedom.
It was in 2021 that Diego discovered the TRON (TRX) ecosystem. His interest began with the possibility of fast transactions and low fees. What started with R$50 turned into a deep dive into DeFi projects, NFTs, and eventually, staking. In less than two years, Diego was able to move out of rental housing and invest in his own education in blockchain development. Today, he works as a crypto educator in peripheral communities and helps others take their first steps into this universe.
This is just one among many stories that show the real impact of cryptocurrencies. And now, with the recent interest from Canary Capital in launching a TRX ETF, the market turns its eyes to what was once considered "just another altcoin."
š” But why does this matter?
ETFs are financial instruments that make access to crypto assets easier and safer for institutional and novice investors. Canary Capital's move indicates confidence in the potential of the TRON ecosystem and could be a game-changer for even greater adoption of the technology.
For people like Diego ā and thousands of other Brazilians ā this represents more than appreciation: it represents opportunity.
š The question now is: are you ready to be part of the next transformation story?
#TrxETFLaunch #CanaryCapital #TronNetwork #cryptouniverseofficial $TRX #Historiasdesaltos
In a small apartment in Recife, 29-year-old Diego spent hours studying blockchain, even after a full shift as a general services assistant. Without a background in technology or economics, he believed in the transformative potential of cryptocurrencies ā not just as an investment, but as a tool for financial freedom.
It was in 2021 that Diego discovered the TRON (TRX) ecosystem. His interest began with the possibility of fast transactions and low fees. What started with R$50 turned into a deep dive into DeFi projects, NFTs, and eventually, staking. In less than two years, Diego was able to move out of rental housing and invest in his own education in blockchain development. Today, he works as a crypto educator in peripheral communities and helps others take their first steps into this universe.
This is just one among many stories that show the real impact of cryptocurrencies. And now, with the recent interest from Canary Capital in launching a TRX ETF, the market turns its eyes to what was once considered "just another altcoin."
š” But why does this matter?
ETFs are financial instruments that make access to crypto assets easier and safer for institutional and novice investors. Canary Capital's move indicates confidence in the potential of the TRON ecosystem and could be a game-changer for even greater adoption of the technology.
For people like Diego ā and thousands of other Brazilians ā this represents more than appreciation: it represents opportunity.
š The question now is: are you ready to be part of the next transformation story?
#TrxETFLaunch #CanaryCapital #TronNetwork #cryptouniverseofficial $TRX #Historiasdesaltos
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The first ETF combining cryptocurrency and NFT: Canary Capital wants to turn Pudgy Penguins into a mainstream product
Canary Capital just created a seismic shift in the crypto world by filing with the U.S. Securities and Exchange Commission (SEC) to establish an ETF for Pudgy Penguins (PENGU). This is the first time in history that an exchange-traded fund (ETF) combines both cryptocurrency and NFTs, opening up new potential for the intersection between traditional finance and digital assets.
Canary Capital wants to create an ETF for Pudgy Penguins: A historic move?
Canary Capital wants to create an ETF for Pudgy Penguins: A historic move?
Canary Capital's ETF Plans Took Shape Thanks to Trump.....
Opened last October by ex-Valkyrie founder and CEO Steven McClurg, Canary quickly filed back-to-back applications for four crypto-related exchange-traded funds (ETF).
But the company quickly made a name for itself in the business.
Founded only last October, Canary Capital has quickly pushed out several applications for crypto ETFs, including ones for Solana (SOL), XRP (XRP), Litecoin (LTC) and Hedera (HBAR), with the latter two being the first ETF applications of their kind.
From the outside, it seemed as though the firm had it all planned out perfectly.
āWe really had no idea that we would be getting back into the ETF game,ā said Steve McClurg, founder and CEO of Canary Capital.
His name might sound familiar to some. McClurg co-founded and served as chief investment officer at Valkyrie Investments, an alternative asset manager which in March 2024 was acquired by CoinShares.
After about six months at CoinShares, McClurg left the ETF provider to start Canary Capital as a hedge fund, an idea that he had been working on during his time at Valkyrie.
āEssentially what happened was [ā¦] there was an assassination attempt on Trump, the markets rallied around it, politics rallied around it, and we started thinking, well, he could actually win,ā McClurg recalled.
āIf he wins, then there'll be changes in regulatory agencies and it's probably likely that other crypto ETFs will get approved, so why don't we file some ETFs and see what happens.ā
Since the spot bitcoin and ethereum ETFs had already been launched and well-received by investors, Canary decided to pass on those assets. Instead, they looked further down the list of the top 20 tokens by market capitalization, specifically those that they believed werenāt securities, ultimately deciding to file for LTC, HBAR and XRP ETF. The XRP move was a speculation that the crypto would be deemed a non-security in court ā which it was.
None of Canary Capitalās applications have been approved yet by the Securities and Exchange Commission. Several Solana ETF filings had been denied ā or not acknowledged by the SEC ā under previous agency leadership in 2024.
Following the Trump inauguration, though, Cboe BZX Exchange resubmitted 19b-4 documents for the SOL vehicles, hoping to get an approval under the new administration. The SEC is required to respond to the new submissions within the next 45 days or, if officially delayed, 240 days.
Canary has also submitted a 19b-4 for its Litecoin ETF, which requires a response from the SEC on Feb. 29.
Canary Capital has not yet filed 19b-4s for its XRP and HBAR ETFs. While an S-1 is considered a first-step to launch an ETF, it is not actionable if it isnāt followed by a 19b-4, which is required to inform the SEC of a proposed rule change by a self-regulatory entity, such as an exchange.
McClurg described Canaryās efforts as a call option on Trump winning the presidency.
āOddly enough, it worked,ā he said.
As for the future, the firm doesnāt currently have plans to launch more ETFs, McClurg said, but doesnāt rule out that it could see potential in other tokens in the future.
$XRP
#ETFs #CanaryCapital #canarycapitalseftplain #solana #HBARUSD
But the company quickly made a name for itself in the business.
Founded only last October, Canary Capital has quickly pushed out several applications for crypto ETFs, including ones for Solana (SOL), XRP (XRP), Litecoin (LTC) and Hedera (HBAR), with the latter two being the first ETF applications of their kind.
From the outside, it seemed as though the firm had it all planned out perfectly.
āWe really had no idea that we would be getting back into the ETF game,ā said Steve McClurg, founder and CEO of Canary Capital.
His name might sound familiar to some. McClurg co-founded and served as chief investment officer at Valkyrie Investments, an alternative asset manager which in March 2024 was acquired by CoinShares.
After about six months at CoinShares, McClurg left the ETF provider to start Canary Capital as a hedge fund, an idea that he had been working on during his time at Valkyrie.
āEssentially what happened was [ā¦] there was an assassination attempt on Trump, the markets rallied around it, politics rallied around it, and we started thinking, well, he could actually win,ā McClurg recalled.
āIf he wins, then there'll be changes in regulatory agencies and it's probably likely that other crypto ETFs will get approved, so why don't we file some ETFs and see what happens.ā
Since the spot bitcoin and ethereum ETFs had already been launched and well-received by investors, Canary decided to pass on those assets. Instead, they looked further down the list of the top 20 tokens by market capitalization, specifically those that they believed werenāt securities, ultimately deciding to file for LTC, HBAR and XRP ETF. The XRP move was a speculation that the crypto would be deemed a non-security in court ā which it was.
None of Canary Capitalās applications have been approved yet by the Securities and Exchange Commission. Several Solana ETF filings had been denied ā or not acknowledged by the SEC ā under previous agency leadership in 2024.
Following the Trump inauguration, though, Cboe BZX Exchange resubmitted 19b-4 documents for the SOL vehicles, hoping to get an approval under the new administration. The SEC is required to respond to the new submissions within the next 45 days or, if officially delayed, 240 days.
Canary has also submitted a 19b-4 for its Litecoin ETF, which requires a response from the SEC on Feb. 29.
Canary Capital has not yet filed 19b-4s for its XRP and HBAR ETFs. While an S-1 is considered a first-step to launch an ETF, it is not actionable if it isnāt followed by a 19b-4, which is required to inform the SEC of a proposed rule change by a self-regulatory entity, such as an exchange.
McClurg described Canaryās efforts as a call option on Trump winning the presidency.
āOddly enough, it worked,ā he said.
As for the future, the firm doesnāt currently have plans to launch more ETFs, McClurg said, but doesnāt rule out that it could see potential in other tokens in the future.
$XRP
#ETFs #CanaryCapital #canarycapitalseftplain #solana #HBARUSD
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Why Does Canary Capital Not Want to Launch a Dogecoin ETF?
While many investment funds are racing to launch cryptocurrency ETFs, Canary Capital has outright refused Dogecoin (DOGE) as they believe it has no real value.
š Reasons Why Canary Says "No" to DOGE ETF
šØāš¼ The CEO of
, Steven McClurg, asserts that the company has no plans to launch a Dogecoin ETF, despite market expectations that these funds will soon be approved.
š¹ He believes that DOGE does not have a limited supply, causing its value to trend downward over time.
š Reasons Why Canary Says "No" to DOGE ETF
šØāš¼ The CEO of
, Steven McClurg, asserts that the company has no plans to launch a Dogecoin ETF, despite market expectations that these funds will soon be approved.
š¹ He believes that DOGE does not have a limited supply, causing its value to trend downward over time.
šØ Canary Capital Files S-1 for SUI ETF with the US SEC!
š Big news for SUI & the crypto market! Canary Capital has officially filed for a SUI ETF, signaling growing institutional interest.
šŗšø This move comes just a week after the firmās Delaware registration, setting the stage for potential mainstream adoption.
š Could this be a bullish catalyst for SUIās price? Or is it just the beginning of the ETF wave for Layer-1s?
#SUI #CryptoETF #Web3 #CanaryCapital #Crypto
š Big news for SUI & the crypto market! Canary Capital has officially filed for a SUI ETF, signaling growing institutional interest.
šŗšø This move comes just a week after the firmās Delaware registration, setting the stage for potential mainstream adoption.
š Could this be a bullish catalyst for SUIās price? Or is it just the beginning of the ETF wave for Layer-1s?
#SUI #CryptoETF #Web3 #CanaryCapital #Crypto
š¢ Breaking News! Canary Capital Files for Staked $TRX ETF! š
Get ready, #TRON and #TRX holders! š£ Canary Capital has just filed with the SEC for a Staked TRX ETF! This groundbreaking move aims to offer investors regulated exposure to $TRX and potential staking rewards! š°
Here's what you need to know:
* First of its kind: This is the first proposed spot ETF in the US that includes staking. š¤Æ
* Staking Rewards: The ETF targets an estimated 4.5% annual yield through staking. Imagine earning passive income just by holding! šø
* Institutional Access: This ETF could open the door for more traditional investors to participate in the TRON ecosystem. š¤
* Custodian & Pricing: BitGo Trust Company is slated as the custodian, with CoinDesk Indices providing price data.
* TRON's Strength: $TRX has shown impressive growth, recently surpassing Cardano in market cap and boasting significant stablecoin volume. šŖ
While the SEC still needs to approve this innovative proposal, it signals growing institutional interest in TRON and its potential. Could this be a game-changer for $TRX? š¤
What are your thoughts on a staked $TRX ETF? Share your opinions in the comments below! š
#TRXETF #TRON #CryptoETF #BinanceSquare #DeFi #Staking #CanaryCapital
Get ready, #TRON and #TRX holders! š£ Canary Capital has just filed with the SEC for a Staked TRX ETF! This groundbreaking move aims to offer investors regulated exposure to $TRX and potential staking rewards! š°
Here's what you need to know:
* First of its kind: This is the first proposed spot ETF in the US that includes staking. š¤Æ
* Staking Rewards: The ETF targets an estimated 4.5% annual yield through staking. Imagine earning passive income just by holding! šø
* Institutional Access: This ETF could open the door for more traditional investors to participate in the TRON ecosystem. š¤
* Custodian & Pricing: BitGo Trust Company is slated as the custodian, with CoinDesk Indices providing price data.
* TRON's Strength: $TRX has shown impressive growth, recently surpassing Cardano in market cap and boasting significant stablecoin volume. šŖ
While the SEC still needs to approve this innovative proposal, it signals growing institutional interest in TRON and its potential. Could this be a game-changer for $TRX? š¤
What are your thoughts on a staked $TRX ETF? Share your opinions in the comments below! š
#TRXETF #TRON #CryptoETF #BinanceSquare #DeFi #Staking #CanaryCapital
Cboe BZX has filed a proposal with the U.S. SEC to list an ETF backed by $SUI, the native token of the Sui Network. The ETF, issued by Canary Capital, would be the first in the U.S. to directly hold SUI if approved. Built on the Move programming language, Sui currently has around $1.1B in TVL. This filing follows a wave of altcoin ETF applications since President Donald Trump took office. Canary has also proposed ETFs for other tokens like $LTC, $XRP, and $AXL.
š https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-053.pdf
#SUÄ° #ET #CryptoNews #Cboe #CanaryCapital
š https://cdn.cboe.com/resources/regulation/rule_filings/pending/2025/SR-CboeBZX-2025-053.pdf
#SUÄ° #ET #CryptoNews #Cboe #CanaryCapital
š #LitecoinETF Approval Odds Surge to 85%!
Litecoinās spot ETF by #CanaryCapital was listed on DTCC,
pushing #Polymarket approval odds up 35% in a day to 85%.
This milestone fuels optimism for altcoin ETFs in the U.S. after
$ETH 's approval.
š Key Updates:
ā DTCC Listing: Ticker LTCC added
ā SEC Review Ongoing: Approval still pending
ā $LTC Price: Up 3.37% to $134.25
Will the #SEC. greenlight Litecoinās first ETF? š¤
#Altcoinsšš #Write2Earn
Litecoinās spot ETF by #CanaryCapital was listed on DTCC,
pushing #Polymarket approval odds up 35% in a day to 85%.
This milestone fuels optimism for altcoin ETFs in the U.S. after
$ETH 's approval.
š Key Updates:
ā DTCC Listing: Ticker LTCC added
ā SEC Review Ongoing: Approval still pending
ā $LTC Price: Up 3.37% to $134.25
Will the #SEC. greenlight Litecoinās first ETF? š¤
#Altcoinsšš #Write2Earn
SUI ETF
šØšØ #CanaryCapital šØšØ
šØ BREAKING: Canary Capital Files for SUI ETF with SEC š„
Canary Capital, a prominent digital asset management firm, has officially filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) linked to the spot price of Sui (SUI), the native token of the Sui Network.
Key Highlights:
First of Its Kind: This filing represents the inaugural attempt to introduce a U.S.-based ETF exclusively focused on SUI, aiming to provide both institutional and retail investors with regulated exposure to this emerging cryptocurrency.
Strategic Timing: The application follows recent developments, including World Liberty Financial's announcement to incorporate Sui assets into its token reserves, signaling growing institutional interest in Sui's scalable blockchain infrastructure.
Regulatory Process: Canary Capital has registered a statutory trust in Delaware as a precursor to the SEC filing. The next procedural step involves submitting a Form 19b-4 through the chosen exchange to facilitate the ETF's listing upon approval.
Market Reaction: Following the announcement, SUI's market price experienced a notable uptick, reflecting positive investor sentiment and anticipation surrounding the potential ETF launch.
This initiative underscores the increasing integration of cryptocurrencies into mainstream financial instruments, offering diversified investment opportunities within regulated frameworks.
šØ BREAKING: Canary Capital Files for SUI ETF with SEC š„
Canary Capital, a prominent digital asset management firm, has officially filed an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) linked to the spot price of Sui (SUI), the native token of the Sui Network.
Key Highlights:
First of Its Kind: This filing represents the inaugural attempt to introduce a U.S.-based ETF exclusively focused on SUI, aiming to provide both institutional and retail investors with regulated exposure to this emerging cryptocurrency.
Strategic Timing: The application follows recent developments, including World Liberty Financial's announcement to incorporate Sui assets into its token reserves, signaling growing institutional interest in Sui's scalable blockchain infrastructure.
Regulatory Process: Canary Capital has registered a statutory trust in Delaware as a precursor to the SEC filing. The next procedural step involves submitting a Form 19b-4 through the chosen exchange to facilitate the ETF's listing upon approval.
Market Reaction: Following the announcement, SUI's market price experienced a notable uptick, reflecting positive investor sentiment and anticipation surrounding the potential ETF launch.
This initiative underscores the increasing integration of cryptocurrencies into mainstream financial instruments, offering diversified investment opportunities within regulated frameworks.
Canary Capitalās SUI ETF: A Game-Changer for Crypto Investors? šš„
The crypto world is buzzing again, and this time, itās Canary Capital making waves! š The firm has just filed for a spot Sui (SUI) ETF with the U.S. Securities and Exchange Commission (SEC), marking its sixth crypto ETF proposal. If approved, this could be a huge step forward for SUI and the entire crypto market! š°š
---
Whatās the Deal with the SUI ETF? š¤
This ETF is designed to let investors gain exposure to SUI without the hassle of managing private keys or using crypto exchanges. Instead of buying SUI directly, investors can hold shares of the ETF, which owns the tokens on their behalf. ā
The key benefits?
š¹ Security: No worries about losing private keys! š
š¹ Regulated Exposure: Institutional investors can enter the Sui ecosystem without regulatory hurdles. š
š¹ Easy Access: Traditional investors can now invest in SUI just like they buy stocks or other ETFs! š
---
Why SUI? What Makes It Special? š
Sui is a high-performance Layer-1 blockchain developed by Mysten Labs. Itās known for:
ā” Scalability: Faster transactions with lower fees.
š NFT & Gaming Potential: A solid choice for DeFi, gaming, and digital assets.
š¤ Big-Name Backing: Companies like Ant Financial and Franklin Templeton are already showing interest.
This means Sui is not just another blockchaināit has serious potential in the future of Web3! š
---
Timing Is Perfect ā³
The ETF proposal comes at a time when the crypto regulatory environment is shifting. Since the election of Donald Trump, thereās been a more favorable stance on crypto, leading to optimism about ETF approvals.
š” Did You Know?
šø SEC has been approving more crypto-related ETFs recently.
šø Major players like Grayscale and VanEck are also entering the space.
šø If the SUI ETF gets approved, it could skyrocket SUI adoption! š
---
Whatās Next? Will The ETF Be Approved? š
Canary Capitalās founder, Steven McClurg, is hopeful that this ETF (and others in the pipeline) will get approved before the end of 2025. š If that happens, it will be a game-changer for both retail and institutional investors looking to enter the Sui ecosystem.
What It Means for You:
ā If youāre an investor, this could be a golden opportunity to invest in SUI through a traditional financial product.
ā If youāre a crypto enthusiast, this is another sign that mass adoption is happening! š
---
Final Thoughts: Is This a Bullish Sign for SUI? š
Absolutely! With institutional interest growing, a strong blockchain infrastructure, and a shifting regulatory climate, SUI is positioned for massive growth. If the Canary SUI ETF gets the green light, it could open the floodgates for more investment and innovation in the Sui ecosystem.
š What do you think? Will SUI be the next big thing? Drop your thoughts in
the comments! š¬š
š Follow for more crypto updates! š
$SUI
#BNBChainMeme #sui #CanaryCapital
---
Whatās the Deal with the SUI ETF? š¤
This ETF is designed to let investors gain exposure to SUI without the hassle of managing private keys or using crypto exchanges. Instead of buying SUI directly, investors can hold shares of the ETF, which owns the tokens on their behalf. ā
The key benefits?
š¹ Security: No worries about losing private keys! š
š¹ Regulated Exposure: Institutional investors can enter the Sui ecosystem without regulatory hurdles. š
š¹ Easy Access: Traditional investors can now invest in SUI just like they buy stocks or other ETFs! š
---
Why SUI? What Makes It Special? š
Sui is a high-performance Layer-1 blockchain developed by Mysten Labs. Itās known for:
ā” Scalability: Faster transactions with lower fees.
š NFT & Gaming Potential: A solid choice for DeFi, gaming, and digital assets.
š¤ Big-Name Backing: Companies like Ant Financial and Franklin Templeton are already showing interest.
This means Sui is not just another blockchaināit has serious potential in the future of Web3! š
---
Timing Is Perfect ā³
The ETF proposal comes at a time when the crypto regulatory environment is shifting. Since the election of Donald Trump, thereās been a more favorable stance on crypto, leading to optimism about ETF approvals.
š” Did You Know?
šø SEC has been approving more crypto-related ETFs recently.
šø Major players like Grayscale and VanEck are also entering the space.
šø If the SUI ETF gets approved, it could skyrocket SUI adoption! š
---
Whatās Next? Will The ETF Be Approved? š
Canary Capitalās founder, Steven McClurg, is hopeful that this ETF (and others in the pipeline) will get approved before the end of 2025. š If that happens, it will be a game-changer for both retail and institutional investors looking to enter the Sui ecosystem.
What It Means for You:
ā If youāre an investor, this could be a golden opportunity to invest in SUI through a traditional financial product.
ā If youāre a crypto enthusiast, this is another sign that mass adoption is happening! š
---
Final Thoughts: Is This a Bullish Sign for SUI? š
Absolutely! With institutional interest growing, a strong blockchain infrastructure, and a shifting regulatory climate, SUI is positioned for massive growth. If the Canary SUI ETF gets the green light, it could open the floodgates for more investment and innovation in the Sui ecosystem.
š What do you think? Will SUI be the next big thing? Drop your thoughts in
the comments! š¬š
š Follow for more crypto updates! š
$SUI
#BNBChainMeme #sui #CanaryCapital
Canary Capital files for staked TRX ETF
Asset manager #CanaryCapital has submitted a filing for a new exchange-traded fund (ETF) that would hold and stake $TRX , the native token of the Tron blockchain. The proposed fund aims to generate additional returns through staking, which currently offers an estimated annual yield of 4.5%. If approved, the #ETF would be one of the first in the U.S. to include staking in its initial application, diverging from other crypto ETFs that typically seek staking approval after launch.
Asset manager #CanaryCapital has submitted a filing for a new exchange-traded fund (ETF) that would hold and stake $TRX , the native token of the Tron blockchain. The proposed fund aims to generate additional returns through staking, which currently offers an estimated annual yield of 4.5%. If approved, the #ETF would be one of the first in the U.S. to include staking in its initial application, diverging from other crypto ETFs that typically seek staking approval after launch.
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