Canary Capital and Grayscale have both launched spot SUI ETFs with staking support.

SUI-3.07%

PANews February 18 News, 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 is listed on Nasdaq (ticker symbol SUIS), tracking the spot price of SUI and offering investors net staking yields through SUI’s proof-of-stake mechanism. Grayscale converted its SUI trust into an ETF, listed on NYSE Arca (ticker symbol GSUI).

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