A new wave of institutional interest in crypto investment products is unfolding, signaling a broader focus beyond just Bitcoin and Ethereum.
Leading asset management firms such as 21Shares, VanEck, and Canary have launched ETF initiatives centered on SUI, AVAX, and SEI—highlighting the rising demand for exposure to niche altcoin projects. Switzerland-based 21Shares has officially registered a SUI-based ETF in Delaware, capitalizing on the network’s high transaction speed and scalability.
Meanwhile, U.S.-based investment giant VanEck announced that its Spot Avalanche (AVAX) ETF application has been accepted by the SEC, initiating the review process. Canary has also made headlines by registering a staking-based SEI ETF in Delaware, aiming to offer investors a hybrid product that provides both price appreciation and passive income opportunities.
These developments underscore the diversification of altcoin ETF offerings and reflect growing regulatory responsiveness to evolving institutional demand.
