Global asset management firm VanEck has launched a new exchange-traded note (ETN) tied to the SUI token from the Sui blockchain network. The ETN, available on Euronext Amsterdam and Euronext Paris, allows European investors to gain exposure to SUI without directly holding the asset. The ETN tracks the MarketVector Sui Network VWAP Close Index and is fully backed by SUI tokens held with Liechtenstein's Bank Frick. VanEck selected Sui for its ETN for its high performance and user-friendly design. The Sui blockchain aims to process transactions quickly and efficiently, making it ideal for real-time transaction applications. VanEck's crypto product portfolio now includes Bitcoin, Ethereum, Polkadot, Solana, and SUI offerings.



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