Canary Capital submitted documents to the Securities and Exchange Commission (SEC) to launch a negotiated stock market (ETF) fund according to the SU (Su) price, a layer 1 blockchain.
The hedge fund manager submitted an S -1 file on Monday to the SEC after previously registered a trust entity in the state of Delaware – March 7 – which appeared on the website of the State Companies Division.
Canary Capital has deposited several Crypto ETF deposits with the Securities and Exchange Commission (SEC) in recent months, including for Dogecoin (Doge), Solana (Sol) and XRP, among others.
The decision to launch an ETF follows 10 days after the decentralized financial platform (DEFI) affiliated with Trump World Liberty Financial (WLFI), said that it would add assets at its token reserve and explore product development opportunities.
Suis jumped in the news, currently negotiating at $ 2.34. Although the token is up more than 52% in the last 12 months, zooming last month, it is down approximately 31%.
Canary Capital should now file a 19B-4 document from the SEC, making its plans for an official of the Su sur Fund.
