SUI ETFs Debut on Nasdaq and NYSE Arca With Staking Rewards

The SUIS fund is designed to track SUI's spot price while participating in the Sui network's proof-of-stake validation process.

SUI News

Two spot SUI exchange-traded funds began trading on U.S. exchanges Wednesday, marking the first time investors can gain regulated exposure to the Sui network's native token alongside embedded staking income. Canary Capital

its Canary Staked SUI ETF under the ticker SUIS on Nasdaq, while Grayscale debuted its SUI fund under the ticker GSUI on NYSE Arca, converting from a previously OTC-traded trust structure.

The SUIS fund is designed to track

spot price while participating in the Sui network's proof-of-stake validation process. Net staking rewards are reflected directly in the fund's net asset value, giving investors access to both price performance and on-chain yield within a registered, exchange-traded structure. Steven McClurg, CEO of Canary Capital,

in a statement that the staking component is built into the fund's core design rather than offered as a separate product.

is the native token of the Sui layer-1 blockchain, developed primarily by Mysten Labs, a company founded by former Meta engineers who previously worked on the Diem digital currency project. The token is used to pay transaction fees and power smart contract execution on the network, which is positioned as a platform for consumer-facing applications across DeFi, gaming, and digital marketplaces.