PANews reported on February 18th that, according to The Block, Canary Capital and Grayscale simultaneously launched spot SUI ETFs on Wednesday, providing investors with the opportunity to directly participate in the token price and earn staking rewards. The Canary Stake SUI ETF, listed on Nasdaq (ticker symbol SUIS), will track the SUI spot price and provide investors with net staking rewards through SUI's proof-of-stake mechanism. Grayscale converted its SUI Trust into an ETF, listed on the NYSE Arca (ticker symbol GSUI).
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