Canary Capital continues flurry of US crypto ETF filings with Sui proposal

By Suzanne McGee

(Reuters) – Canary Capital Group, Monday, Investment Company of Digital Assets, which is looking for green lights in the exchange of exchange.

It is a list of the Cryptocurrity presentation of the Cryptocurrity with the Securities and Exchange Committee and prolongs the list of the new ETF presentation on the growing mass of the regulatory settlement.

Trump collateral has caused optimism to shake the regulatory treatment of digital assets that the new Security leadership will quickly move to approving a large number.

“Since the elections, Cryptocurrency Musterments has shown a huge shift in the” Landscape “,” said Canary’s founder Steven McClurg.

“I am quite optimistic that we see on the track that many of them are confirmed until the end of 2025.”

The regulators have already created performance actions against several large participants in the Cryptocrency industry and discuss the rules offered by the previous administration, which tighten the requirements of custody of investment consultants in Cryptocuration.

SEC is likely to push new ETFs as long as Paul Atkins for the Candidate of Trump, which is confirmed by the Senate, said Maklurg.

The winning of the Canary is represented by the ETF’s prerequisite for the SUI, the coin, which has a market capital of more than $ 7.4 billion, placing it within the framework of digital assets and trading.

So far, the issuers have applied to the regulatory confirmation, to show ETFs on at least 10 Bitcoin and the air coins. The ETFs made their debut on those two coins in 2024.

The most popular new coins among issuers are Solana and XRP, the coin is connected with a cryptic company, each of which has six ETF applications that have six ETF applications.

(Reported by Susan McGee; editing with Stefan Foil)