Canary Capital has debuted the first spot SUI exchange-traded fund (ETF) that includes staking rewards. The Nasdaq-listed SUIS fund offers investors direct exposure to Sui’s native token while reflecting net staking income in its net asset value (NAV).
This development expands the range of proof-of-stake tokens available through regulated ETF structures. The SUI token is the native asset of the Sui Network, a blockchain developed by former Meta engineers. The network aims to support consumer-facing applications in decentralized finance, gaming, and digital marketplaces.
The SUIS ETF tracks the spot price of the SUI token and integrates its proof-of-stake validation rewards into the fund's NAV. This offering provides a brokerage-based entry point for investors interested in SUI, allowing them to gain exposure to both price performance and on-chain yield without the complexities of managing private keys or validator operations.