Just saw Canary Capital launched SUIS - their new spot SUI ETF that actually includes staking rewards. That's pretty interesting because you get both the price exposure and the on-chain yield baked into the fund's NAV. So basically you're holding SUI without needing to manage validators or private keys, and the staking rewards just show up in your fund value.

The timing is wild too because Grayscale just listed their own SUI staking ETF (GSUI) on NYSE Arca. Feels like there's real momentum around making these proof-of-stake tokens more accessible to institutional investors through traditional ETF wrappers. SUI's been positioned as this consumer-facing layer-1 platform for DeFi, gaming, and digital marketplaces, so maybe this is the kind of infrastructure that helps adoption actually scale.

What's notable is they're testing regulators' tolerance for yield-bearing crypto products inside ETF structures. For people who want SUI exposure but don't want to deal with the technical side of staking, this is basically the brokerage entry point. Current price is hovering around $0.96 - curious how the staking rewards will actually move the needle for investors compared to just holding spot SUI outright. Anyone here comparing the two approaches?