21Shares Debuts US Leveraged Sui ETF, Opening New Doors for Traders

21Shares has unveiled TXXS, a new exchange-traded fund (ETF) that offers U.S.-based investors amplified exposure to the Sui cryptocurrency network. This product provides up to 2x daily leverage on Sui’s price movements, marking a significant shift for the burgeoning blockchain ecosystem. Sui’s rapid growth is driving this move, fueled by its consistent high activity levels in DeFi platforms and large stablecoin transactions. 21Shares notes that the regulatory landscape has limited leverage options, leading to TXXS being one of the few crypto ETFs operating at the maximum allowed level (2x) while most remain capped at 2x or lower.