The traditional financial market in the U.S. is witnessing a new wave: ETF (Exchange-Traded Fund) funds for altcoins – 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 – an asset management company based in Nashville, Tennessee – has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an ETF fund dedicated to SUI.