Hassan Maishera
On Friday, the Sui Foundation announced via X that VanEck has launched a regulated Sui ETN on Deutsche Börse Xetra (ticker: VESU).
European investors now get compliant, exchange-traded access to SUI, fully collateralized.
This launch comes a few days after the Grayscale SUI Staking ETF went live. The ETF gives investors direct SUI exposure plus staking rewards through a regulated, exchange-traded product.
In addition to offering direct exposure to SUI, Grayscale Sui Staking ETF offers institutional and retail investors a new pathway to participate in network staking through a regulated, exchange-traded product.
Investors can gain exposure to SUI, including potential staking returns, directly through traditional brokerages, without needing a crypto wallet or exchange account. Staking rewards will be reflected in the ETF’s net asset value, offering investors an additional source of return beyond price appreciation. As Grayscale expands its lineup of regulated crypto products, GSUI reaffirms Sui as a core pillar of its business strategy.
Furthermore, Canary Capital's SUIS is now trading on Nasdaq, giving investors regulated spot exposure to SUI with staking rewards reflected in net asset value where applicable.
UIS aims to track the price of SUI and also seeks to capture staking rewards, a unique feature in the U.S. ETF landscape that is reflected in the Fund’s net asset value if earned.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 4.7% in the last 24 hours, trading at $0.8891 per coin.
