21Shares launches the first leveraged SUI ETF in the U.S. amid explosive growth in network activity

Fri Dec 05 2025 ▪5 min read

21Shares, a European ETF issuer, has opened a new chapter for investment products related to SUI in the United States after receiving approval to list the first product linked to SUI. This launch coincides with the ongoing introduction of cryptocurrency ETFs on major exchanges, attracting sustained interest from both retail and institutional investors.

In brief

21Shares receives approval to include TXXS on Nasdaq, providing double daily exposure to the rapidly growing Sui blockchain ecosystem.

Sui activity exceeds $10 billion in DEX volume over 30 days and maintains strong growth in stablecoin transfers for four consecutive months.

The SEC's leverage limits keep TXXS at 2x as regulators halt proposals for higher exposure ETFs, impacting future product demand.

FalconX acquires 21Shares as the company expands its range of cryptocurrency ETFs, including new products linked to Sui and Dogecoin.

The rapid growth of Sui activity paves the way for 21Shares' new leveraged ETF

The company launched the 21Shares 2x SUI ETF (symbol: TXXS), which aims to double the daily performance of the Sui token. Nasdaq approved the trading of the product, offering U.S. investors direct access to a leveraged Sui strategy. CEO Russell Barlow stated that the launch reflects the growing interest in simple and accessible investment tools in digital assets.

With this launch, 21Shares capitalizes on one of the winners seizing the opportunity and marks the beginning of the next era of blockchain technology, an era dominated by simplicity.

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