21shares Lists First Leveraged SUI ETF on Nasdaq:TXXS

21shares today launched the first-ever leveraged SUI ETF (TXXS) on Nasdaq following approval from the U.S. Securities and Exchange Commission (SEC). 21shares, one of the world’s largest issuers of cryptocurrency exchange-traded products (ETPs), will offer investors a regulated and listed vehicle that aims to provide double direct exposure to SUI’s performance without directly holding the underlying asset.

This marks the first ETF tied to the Sui ecosystem and one of the few of its kind across all blockchains networks. TXXS offers investors leveraged exposure to Sui through a familiar, regulated ETF structure, meeting investor interest in capitalizing on the industry’s shift towards fast, secure, and scalable decentralized applications with Sui’s seamless user experience.

This launch also follows news of 21shares’ proposed spot SUI ETF currently under SEC review, and offers U.S.-based investors an additional avenue to engage with the Sui ecosystem while broader access continues to develop.

More momentum for Sui-based financial products

The new ETF follows a surge in institutional interest in Sui, as asset managers and financial firms increasingly seek to build products on a high-performance chain with unmatched scalability and composability.

21shares has been a pioneer in crypto ETFs globally, and this leveraged vehicle underscores the firm’s commitment to expanding the toolkit for investors who want responsive, onchain-aligned exposure to the next wave of digital assets.

Sui: Built for performance and adoption

Sui’s unique architecture offers horizontal scalability and an object-centric programming model that supports a wide range of applications from finance to gaming to AI. Its speed, low latency, and user-focused design have made it the foundation for dozens of onchain investment products launched in the past year.

Sui currently ranks 12th by total value locked (TVL) with over $990M in assets and a growing base of institutional participation.

The launch adds to a growing set of crypto-first investment products from 21shares and aggressively expands Sui’s footprint as a next-generation financial layer for the decentralized economy.

To learn more about Sui and explore the broader ecosystem, visit sui.io

About 21shares

21shares is one of the world’s leading cryptocurrency exchange traded product (ETP) providers and offers one of the largest suites of crypto ETPs in the market. The company was founded to make cryptocurrency more accessible to investors, and to bridge the gap between traditional finance and decentralized finance. 21shares listed the world’s first physically-backed crypto ETP in 2018, building a seven-year track record of creating crypto ETPs that are listed on some of the biggest, most liquid securities exchanges globally. Backed by a specialized research team, proprietary technology, and deep capital markets expertise, 21shares delivers innovative, simple and cost-efficient investment solutions.

21shares is a subsidiary of FalconX, one of the world’s largest digital asset prime brokers. 21shares maintains independent operations from FalconX while strategically leveraging the resources and reach of FalconX to accelerate its mission and unlock new growth. For more information, please visit www.21shares.com

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing user-friendly experiences. For more information about Sui, please visit https://sui.io

This article was originally published as 21shares Lists First Leveraged SUI ETF on Nasdaq:TXXS on Crypto Breaking News – your trusted source for crypto news, Bitcoin news, and blockchain updates.