Cboe BZX Seeks SEC Approval for Canary SUI ETF

The Cboe BZX exchange has filed a proposal with the Securities and Exchange Commission to list shares of the Canary SUI ETF, marking a significant step forward for the Sui cryptocurrency. This move targets institutional investors seeking regulated exposure to the Sui ecosystem, potentially mirroring the impact seen with Bitcoin and Ethereum ETFs. The proposed SUI ETF aims to increase regulatory compliance and transparency while broadening access to the platform’s growing DeFi opportunities.