Blockchain Gaming
VanEck Launches SUI ETN for European Investors Amid Token's Record High
Thursday. November 14 at 2:00 AM
1 min. readVanEck, a global asset management firm and US Bitcoin ETF issuer, has introduced a new ETN linked to the SUI token from the Sui blockchain network for European investors. The ETN, available on Euronext Amsterdam and Euronext Paris, enables investors in over 15 countries to access SUI without direct ownership. It tracks the MarketVector Sui Network VWAP Close Index and is fully backed by SUI tokens held with Liechtenstein’s Bank Frick. With a 1.5% expense ratio, the SUI token has reached an all-time high of $3.31 due to increasing adoption. VanEck selected Sui for its high performance and user-friendly design, making it suitable for real-time transactions in financial services and gaming. The Sui ETN expands VanEck's crypto product portfolio, offering investors a simple way to engage with the promising blockchain network.