Captain Captain filed a file with The Securities and Stock Exchange Commission (Dry) to start ETF on the basis of a vulture token. This approach is part of a number of similar deposits for cryptocurrencies such as Heder, Litecoin, XRP and Solan. According to the official delaware portal, the deposit was recorded on 6 March.
- The Canary Capital submitted a SEC file to start the ETF based on the Suet token and identified a new step in its ETF crypt expansion strategy.
- Sup, developed by Mysten Labs, experienced an impressive output with a profit of 79 % per year and attracted the attention of investors and capital of the channel.
Captain’s capital in search of ETF Crypto
Canary Capital, Society for Asset Management, recently submitted a file The Securities and Stock Exchange Commission (Dry) of the United States of Starting and ETF based on the sup token. This deposit recorded on March 6 was unveiled by the official delaware portal. It indicates a new step in the capital strategy to expand its Crypto ETF offer.
The company has already filed similar files for other cryptocurrencies, including Heder, Litecoin, XRP and Sola. These approaches indicate a clear will by capital of capital to earn an increasing interest of institutional investors for digital assets.
SUI: cryptocurrency in full output
Sup, developed by Mysten Labs, has recently attracted investors’ attention due to impressive performance. According to the block data SU saved 79% profit per year and exceeded other levels of level 1, such as BNB.
This performance probably motivated capital capital to include SU in the list of ETF deposits. The token is also supported by an active community and expanding ecosystem, making it an ideal candidate for ETF.
Although capital has submitted its file, dry approval is not guaranteed. The agency was notoriously slow to approve the ETF on the basis of cryptocurrencies and to quote concerns related to the volatility of prices and market manipulation. However, the wind and the policy for crypto in the last few days led by Donald Trump may be an accelerator for the regulatory body. Business therefore follow.