Source: DeFiLlamaRelated: Canary files for PENGU ETFCanary, which specializes in crypto ETFs, submitted its own S-1 regulatory filing for the SUI fund in March. Since 2024, Canary has filed for several proposed US crypto ETFs, including funds holding Litecoin (LTC), XRP (XRP), Hedera (HBAR), Axelar (AXL) and Pengu (PENGU). Cboe BZX has also submitted numerous filings seeking to list crypto ETFs this year. In March, the exchange filed to list Solana (SOL) ETFs issued by Franklin Templeton and Fidelity. Dozens of altcoin ETFsSince US President Donald Trump took office on Jan.20, the SEC has acknowledged dozens of new altcoin ETF filings. Proposed ETFs include funds holding native layer-1 tokens such as Solana (SOL) and SUI, as well as memecoins such as Dogecoin (DOGE) and Official Trump (TRUMP).
Cboe BZX Exchange has asked United States regulators for clearance to list an exchange-traded fund (ETF) backed by Sui (SUI), the native token of the Sui Network, public filings show. The request submitted on April 8 must be reviewed and approved by the US Securities and Exchange Commission (SEC) before the exchange can list any shares of the fund.
Sui is a blockchain network designed to provide users with a more streamlined onboarding experience — similar to traditional Web3 applications.
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Author / Journalist: Cointelegraph by Alex O’Donnell
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