Crypto
Canary Capital, Grayscale to launch spot Sui ETFs with staking support
Canary Capital and Grayscale will launch exchange-traded funds based on Sui, The Block reported on Tuesday. Canary Capital’s Canary Stake Sui ETF will be listed on Nasdaq, track Sui’s spot price and support staking for additional returns. Grayscale will convert its Sui trust into an ETF and list it on NYSE Arca under the GSUI ticker. Sui is a layer-1 blockchain developed by Mysten Labs.
