Asset manager VanEck has launched a SUI-based exchange-traded note (ETN) that is now listed on Euronext Amsterdam and Euronext Paris. The ETN allows European investors to gain exposure to the SUI token without directly purchasing or holding the token. VanEck will rely on custodian Bank Frick to implement security measures for the ETN. The launch of the ETN is seen as a significant endorsement of SUI's technology and long-term vision. VanEck also added staking rewards to its Solana ETN and introduced a new PYTH-based ETN available in 15 European countries.
- Content Editor ( cryptopolitan.com )
- 2024-11-17
VanEck expands crypto portfolio with Sui-based Exchange-Traded Note in Europe