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Spot Crypto ETFsCoinGape
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Business & Economics
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The SEC has put off deciding on approval for the Canary Spot SUI ETF, leaving investors waiting.
Canary is the official token of the Sui blockchain which was created to be both fast and scalable.
By using a spot ETF, investors can have exposure to SUI without buying the underlying token.
The delay points to the fact that crypto-related financial products are still subject to a lot of regulatory challenges.
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