Canary Capital filed its sixth fund proposed on the Crypto (ETF) exchanges with American regulators, this time for monitoring the cash price of the Crypto SU.
In an S-1 file of form S-1 of March 17 with the Securities and Exchange Commission, the cryptographic investment company asked to list the Saksary Su Etf, which did not include information on the scholarship on which it would exchange or the symbol of the proposed ticker.
The ETF would directly contain sui (suis), the native token of the layer 1 blockchain used for costs and jalitude, which is the 23rd largest cryptocurrency with a market value of around 7.36 billion dollars, by Coingekco.
SUP is exchanged from 1.3% compared to the last day at $ 2.31 and gained 7.3% during the week. However, he dropped 56.5% compared to his peak of all time of January 5 of $ 5.35.
The price of Suis in the last 24 hours has reached a summit of $ 2.38 but has since decreased slightly. Source: Coingekco
Canary had recorded a Delaware trust on March 6 for the fund, and he must also submit a 19B-4 form to the SEC before the agency could examine whether it should be listed for trading.
The SUD file of Canary is its sixth Crypto ETF offer with the dry. In recent months, he has filed ETFs following Solana (Sol), Litecoin (LTC), XRP (XRP), Hedera (Hbar) and Axlar (AXL).
The file comes after SUP said on March 6 that he had partnered with World Liberty Financial, the cryptographic platform supported by US President Donald Trump.
Part of the partnership has seen global freedom includes the SUP token in its token reserve called “Macro Strategy” and explore other product opportunities together.
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Trump promised to relax the regulatory application against crypto, which sparked a wave of Crypto ETF deposits in the middle of optimism that the dry under his administration will move to Green Light.
The SEC delayed decisions on several Crypto ETF deposits, but Commissioner Hester Peirce said last month that the agency would wait for the Senate to confirm Trump’s choice to preside over the dry, Paul Atkins, before deciding on an crypto agenda.
A Senate confirmation hearing for Atkins would be scheduled for March 27, after being delayed due to financial disclosure problems.
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