Canary Capital Files for SUI ETF After Reserve Deal With World Liberty Financial
The move comes after World Liberty Financial said it would add Sui assets to its token reserve earlier this month.
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The move comes after World Liberty Financial said it would add Sui assets to its token reserve earlier this month.
The firm is liquidating its ARK 21Shares Active On-Chain Bitcoin Strategy ETF and ARK 21Shares Active Bitcoin Ethereum Strategy ETF amid the downturn.
The ETF allows investors to capitalize on the volatility of Coinbase’s stock without directly holding shares.
Payments utility is also expected to drive greater stablecoin adoption in the UAE for their real time settlement value proposition.
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
The company redirected mining rigs to self-mining as customer delayed payments during bitcoin’s price drop..
The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.
The filing’s preliminary, so the SEC has up to 240 days — potentially late 2025 — to approve or deny it.
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
Also giving a boost was an easing in trade tensions between the U.S. and Canada.