[Coin World] Investment institutions are reporting a new type of fund product to the U.S. Securities and Exchange Commission, planning to launch an exchange-traded open-end fund that directly tracks the Spot price of SUI. The highlight of this product lies in its innovative yield structure design— the foundation will perform staking operations on the held SUI internally, distributing the generated staking income to fund holders, which is equivalent to earning additional on-chain staking income on top of tracking the price of the underlying asset. The advancement of such institutional-level products reflects market recognition of the development potential of the SUI ecosystem and embodies a new exploration of the combination of TradFi tools and Web3 staking mechanisms.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
5
Repost
Share
Comment
0/400
AirdropHustler
· 9h ago
SUI this wave is really amazing, Spot ETF + stake dual benefits, this is how institutional players should be!
View OriginalReply0
CodeSmellHunter
· 12-21 13:10
Sui is really impressive this time, getting both ETF and stake is a bit ridiculous.
View OriginalReply0
NotFinancialAdviser
· 12-21 12:59
This wave of sui is going to da moon, institutions have started placing their bets.
View OriginalReply0
ConsensusBot
· 12-21 12:53
Is SUI so popular now? The staking rewards can be played like this, quite interesting.
View OriginalReply0
MetaverseHermit
· 12-21 12:50
Is SUI going to da moon this time? Staking rewards stacked with Spot rise, institutions have already placed their bets.
Institutions bet on the SUI ecosystem, testing the Spot ETF + staking yield model.
[Coin World] Investment institutions are reporting a new type of fund product to the U.S. Securities and Exchange Commission, planning to launch an exchange-traded open-end fund that directly tracks the Spot price of SUI. The highlight of this product lies in its innovative yield structure design— the foundation will perform staking operations on the held SUI internally, distributing the generated staking income to fund holders, which is equivalent to earning additional on-chain staking income on top of tracking the price of the underlying asset. The advancement of such institutional-level products reflects market recognition of the development potential of the SUI ecosystem and embodies a new exploration of the combination of TradFi tools and Web3 staking mechanisms.