21Shares Launches the First SUI ETF for Leveraged Exposure on Nasdaq

Highlights:

• The 21Shares 2x SUI ETF provides leveraged exposure to Sui’s blockchain.
• Investors can access leveraged performance through a traditional ETF structure.
• SEC approval signals growing regulatory support for crypto products.

Cryptocurrency exchange-traded product (ETP) provider 21Shares has taken a major step to launch the 21Shares 2x SUI ETF (TXXS) on Nasdaq. The U.S. Securities and Exchange Commission (SEC) has approved the first leveraged SUI ETF, providing U.S. investors with an opportunity to have a leveraged exposure of 2x to the Sui blockchain. This new fund is designed to offer magnified returns by using derivatives, while offering a familiar ETF format that investors can easily access through traditional brokerage accounts.

Leveraged Exposure with the SUI ETF

The 21Shares SUI ETF is expected to offer investors greater exposure to the Sui blockchain, which is a growing Layer-1 network.

Russell Barlow, the CEO of 21Shares, said:

“We are cashing in on one of the rising winners of the occasion. Sui is bringing in the new era of blockchain technology, which is characterized by simplicity.”

Sui is a unique blockchain project that focuses on ease of use. Users have the option of signing in with Google or Face ID, and the blockchain also provides sponsored transactions, which include network fees to users. Such simplicity has made Sui among the fastest-expanding blockchains. It boasts a 30-day decentralized exchange (DEX) volume of more than $10 billion, making it the 7th biggest blockchain by this metric.

The SUI ETF aims to provide 200% of the daily performance of Sui, and thus, investors can maximize their earnings. However, it should be noted that leveraged ETFs are intended to be used in the short term, and longer-term performance can be different since returns are compounded daily. The fund is particularly targeted at investors who track their positions and know about the volatility of leveraging.

1/ Introducing the 21shares 2x Long SUI ETF ($TXXS) that provides investors with leveraged daily exposure to @SuiNetwork, one of the fastest-growing Layer-1 blockchain networks, through a traditional brokerage account.

You can now double down on:

Simplicity: Sui is the… pic.twitter.com/ibd2vtiESt

— 21shares US (@21shares_us) December 4, 2025

The Rise of Sui and Institutional Interest

The Sui blockchain has rapidly been adopted, especially by institutional players in the U.S. The network has processed a volume of more than $180 billion in stablecoin transfers in four consecutive months. This consequently demonstrates its strength in the field of decentralized finance (DeFi).

Federico Brokate, Global Head of Business Development, 21Shares, commented:

“Sui has experienced a rapid institutional adoption in the U.S. We are excited about what the technology will involve in terms of the widespread usage of crypto assets.”

Sui is making inroads into DeFi and gaming, among other industries, due to its user-friendliness. Its native token, SUI, is employed in staking, transaction fees, and governance, which reinforces its role in the blockchain ecosystem.

Regulatory Support and the Growing Interest in Leveraged Crypto ETFs

The SEC approval of the SUI ETF reflects a favorable shift in the regulatory landscape of cryptocurrency products. The SEC has paused reviews of other leveraged ETFs. The approval of TXXS is regarded as a milestone in the regulated crypto investment products.

The SUI ETF approval coincides with 21Shares advancing its spot Dogecoin ETF plans. The firm submitted an amendment to the SEC, which specifies a 0.50% sponsor fee. The filing furthermore confirmed that the fee will be paid in Dogecoin, and the fund will operate under the trust format.

21Shares has updated its filing for a Dogecoin ETF to include fee details.

Disclosed in official SEC and Nasdaq documents. pic.twitter.com/YMzPelysOp

— dogegod (@_dogegod_) December 3, 2025

Meanwhile, another ETF issuer, Grayscale, introduced the first U.S. Chainlink ETF trading under the ticker GLNK this week. Moreover, this ETF converted the long-standing Chainlink Trust into an ETF. The market has already shown interest in the product, with inflows of $40 million already, according to Sosovalue data.

In addition, the approval follows the acquisition of 21Shares by FalconX, one of the leading global digital asset prime brokers. This acquisition brought significant strength to 21Shares’ ability to continue its expansion in the cryptocurrency investment space.