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VanEck launches SUI ETN across 15 European markets for crypto investors

VanEck has launched a new SUI-based exchange-traded note (ETN) across 15 European markets, providing investors exposure to the Sui blockchain without direct ownership of SUI tokens. The ETN, backed by SUI tokens held in cold storage at Bank Frick, features a 1.5% expense ratio and is linked to the MarketVector Sui VWAP Close Index. As Sui's trading volume and price surge, reaching $3.44 with a potential rise to $5, the ETN aims to simplify crypto investments in a regulated environment.
11:10 14.11.2024

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