Grayscale and Canary List SUI Physical ETFs on the Same Day

Grayscale and Canary Capital announced on February 18th that they each listed a physical ETF linked to the cryptocurrency 'SUI' on the same day, according to official statements from the companies. Grayscale listed 'GSUI' on the NYSE Arca, while Canary listed 'SUIS' on NASDAQ. Both funds are linked to the spot price of SUI and incorporate staking rewards from the SUI network. According to Grayscale, the staking rewards for SUI have historically ranged between 1.7% to 3.3% annually, effectively reducing the holding costs to zero. Canary also...