The post 21Shares launches first-ever 2× leveraged SUI ETF on Nasdaq appeared on BitcoinEthereumNews.com. 21Shares has launched the first leveraged Sui ETF in the United States, marking a major milestone for the Layer-1 network’s push into regulated financial markets.  The product, listed on Nasdaq under the ticker TXXS, provides 2x daily leveraged exposure to the price of SUI and represents the first U.S. exchange-traded fund tied to the Sui ecosystem. The ETF went live following approval from the U.S. Securities and Exchange Commission [SEC]. It gives traders a regulated way to amplify short-term SUI price movements without holding the asset directly.  While Bitcoin and Ethereum have spot ETFs, Sui’s debut comes in the form of a derivatives-based leveraged ETF — a structure aimed at active traders rather than long-term investors. A landmark moment for Sui in public markets TXXS offers double the daily return of SUI’s price performance. If SUI rises 4% in a trading day, the ETF targets an 8% gain — and the same applies in reverse on down days.  This makes TXXS a high-volatility product suited to short-term positioning, not buy-and-hold strategies. The Sui Foundation described the launch as a pivotal moment for the network’s maturing financial footprint.  Executives from Mysten Labs and 21Shares said the ETF reflects growing institutional interest in high-performance chains designed for scalable, consumer-focused applications. The launch also follows news that 21Shares has filed for a spot SUI ETF, which remains under SEC review. ETF arrives as SUI trades near multi-month lows The timing of the ETF adds another layer to the market story. SUI has spent several months in a steady downtrend, sliding from above $3.00 in September to nearly $1.30 in late November.  A sharp rebound pushed prices back toward the $1.60–$1.70 range, but the chart still shows clear lower highs and lower lows. Source: TradingView This backdrop means TXXS launches into a bearish market… The post 21Shares launches first-ever 2× leveraged SUI ETF on Nasdaq appeared on BitcoinEthereumNews.com. 21Shares has launched the first leveraged Sui ETF in the United States, marking a major milestone for the Layer-1 network’s push into regulated financial markets.  The product, listed on Nasdaq under the ticker TXXS, provides 2x daily leveraged exposure to the price of SUI and represents the first U.S. exchange-traded fund tied to the Sui ecosystem. The ETF went live following approval from the U.S. Securities and Exchange Commission [SEC]. It gives traders a regulated way to amplify short-term SUI price movements without holding the asset directly.  While Bitcoin and Ethereum have spot ETFs, Sui’s debut comes in the form of a derivatives-based leveraged ETF — a structure aimed at active traders rather than long-term investors. A landmark moment for Sui in public markets TXXS offers double the daily return of SUI’s price performance. If SUI rises 4% in a trading day, the ETF targets an 8% gain — and the same applies in reverse on down days.  This makes TXXS a high-volatility product suited to short-term positioning, not buy-and-hold strategies. The Sui Foundation described the launch as a pivotal moment for the network’s maturing financial footprint.  Executives from Mysten Labs and 21Shares said the ETF reflects growing institutional interest in high-performance chains designed for scalable, consumer-focused applications. The launch also follows news that 21Shares has filed for a spot SUI ETF, which remains under SEC review. ETF arrives as SUI trades near multi-month lows The timing of the ETF adds another layer to the market story. SUI has spent several months in a steady downtrend, sliding from above $3.00 in September to nearly $1.30 in late November.  A sharp rebound pushed prices back toward the $1.60–$1.70 range, but the chart still shows clear lower highs and lower lows. Source: TradingView This backdrop means TXXS launches into a bearish market…