2025-18959Notice

SEC Extends Review on Canary SUI ETF Trading Approval

Published Date: 9/30/2025

Notice

Summary

The SEC is taking extra time to decide if the Canary SUI ETF can be listed and traded on the Cboe BZX Exchange. This affects investors and traders interested in this new commodity-based ETF, with the decision deadline now extended by up to 60 days. No money changes yet, but the wait means more careful review before the ETF hits the market.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

SEC Extends ETF Decision Deadline

The SEC extended its deadline by 60 days to decide whether the Canary SUI ETF can be listed and traded on the Cboe BZX Exchange, setting a new decision date of December 21, 2025. The proposed rule change was published on April 25, 2025, and the original 180th‑day deadline was October 22, 2025. Investors and traders interested in this commodity‑based ETF will have to wait longer before it can be listed and traded.

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Key Dates

Published Date
Effective Date
9/30/2025
12/21/2025

Department and Agencies

Department
Independent Agency
Agency
Securities and Exchange Commission
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