Canary And 21Shares File For SEI And SUI ETFs In The US

Canary Capital has filed with the SEC to launch the first U.S. spot SEI ETF, offering direct exposure to the token along with a staking component to generate yield, and using a cash-based creation model like existing BTC and ETH ETFs.

Meanwhile, 21Shares has also submitted an S-1 for a spot SUI ETF, aiming to hold SUI tokens directly without leverage or derivatives, building on its existing Sui staking ETP already active in Europe.

Sources: The Block