Cboe BZX Files to List Blockchain ETF

CBOE Files to List Canary SUI ETF

The Chicago Board Options Exchange (CBOE) has filed to list the Canary SUI ETF, a new exchange-traded fund (ETF) that tracks the performance of the SUI Index, a benchmark for the decentralized finance (DeFi) industry.

The SUI Index is designed to measure the performance of the decentralized finance (DeFi) market, which includes a range of digital assets and protocols that facilitate lending, borrowing, and trading. The index is calculated and maintained by SUI, a decentralized finance protocol that allows users to earn interest on their cryptocurrency holdings.

The Canary SUI ETF is the first ETF to track the SUI Index and is designed to provide investors with a convenient and cost-effective way to gain exposure to the DeFi market. The ETF will hold a basket of DeFi assets that make up the SUI Index, including tokens such as SUI, DAI, and USDC.

"This is a significant development for the DeFi industry, as it provides a new way for investors to gain exposure to the space," said Chris Coracher, CEO of Canary. "We believe that the SUI ETF will be an attractive option for investors looking to diversify their portfolios and gain exposure to the growth potential of DeFi."

The Canary SUI ETF is expected to begin trading on the CBOE in the coming weeks. The ETF will be listed on the CBOE BZX Exchange, which is a fully electronic exchange that is designed to provide a fast and efficient trading experience.

The listing of the Canary SUI ETF is a significant milestone for the DeFi industry, as it provides a new way for investors to gain exposure to the space. The ETF is expected to be an attractive option for investors looking to diversify their portfolios and gain exposure to the growth potential of DeFi.