Canary Launches The First Spot SUI ETF, with Staking (SUIS)

Core Viewpoint - Canary Capital Group LLC has launched the first Spot SUI ETF, named Canary Staked SUI ETF (SUIS), which aims to provide investors with exposure to the SUI token of the Sui Network while also allowing them to earn staking rewards through the network's Proof-of-Stake validation process [1] Group 1: Product Launch and Features - The Canary Staked SUI ETF (SUIS) offers exposure to the spot price of SUI and aims to generate additional SUI through staking rewards, which will be reflected in the Fund's net asset value [1] - The ETF is designed to provide a registered, exchange-traded structure for investors to access the Sui Network, which is known for its high user adoption and extensive tooling [1] - The Sui Network supports a robust on-chain economy, with over $10 billion in 30-day decentralized exchange trading volume, more than 1,000 monthly active developers, and over $200 billion in monthly stablecoin transfer volume as of December 2025 [1] Group 2: Strategic Importance and Market Position - The launch of SUIS marks a significant milestone for both institutional and retail investors looking to access the Sui ecosystem, which is built to support a new global economy [1] - Canary Capital's investment thesis focuses on providing access to innovative blockchains, positioning the Sui Network as a valuable addition to its product suite [1] - The Sui Network is recognized for its scalability, developer activity, and real-world application potential, making it an attractive investment opportunity [1]