VanEck Europe has launched a new exchange-traded note (ETN) based on the SUI token, allowing investors in over 15 European countries to gain exposure to SUI without directly holding the asset.

ETN Listing on Euronext Amsterdam and Euronext Paris

The ETN is listed on Euronext Amsterdam and Euronext Paris, demonstrating VanEck's commitment to the European cryptocurrency market.

SUI Token Reaches All-Time High

The launch of the ETN coincides with the SUI token reaching an all-time high, with a significant price surge and strong market sentiment.

Tracking the MarketVector Sui Network VWAP Close Index

The ETN tracks the MarketVector Sui Network VWAP Close index and is backed by SUI tokens held at Bank Frick in Liechtenstein.

Efficient and Scalable Transaction Processing

SUI's decentralized platform offers efficient and scalable transaction processing, making it attractive for real-time financial services and gaming applications.

Growing Demand for Innovative Blockchain Solutions

The SUI ETN launch reflects the growing demand for innovative blockchain solutions beyond traditional cryptocurrencies.

VanEck's Comprehensive Suite of ETNs

VanEck already offers a comprehensive suite of ETNs, including Bitcoin, Ethereum, Polkadot, PYTH, and Solana staking, showcasing their commitment to the evolving cryptocurrency landscape.

Proactive Approach to Meeting Demand

The introduction of the SUI ETN demonstrates VanEck's proactive approach to meeting the demand for accessible and innovative investment solutions in the cryptocurrency market.