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Canary has just launched a spot exchange-traded fund on SUI, and honestly, it's interesting to see exchanges start offering this kind of product with staking rewards directly included.
So basically, you can now invest in an ETF that tracks the price of SUI while earning staking yields. It's a bit like buying SUI directly but without having to handle the technical side yourself. Canary decided to combine both to make it more accessible.
This type of ETF is really starting to multiply within the crypto ecosystem. It's convenient for those who want exposure to SUI but prefer to go through a structured product rather than managing their tokens directly. And with staking rewards as a bonus, it’s quite an attractive option. It'll be interesting to see how it performs compared to other available options.