Product Overview
- •21Shares has debuted SUI2, the first 2x leveraged ETF tracking SUI on Nasdaq.
- •The product targets institutions seeking amplified daily returns from Sui network expansion.
- •This launch aligns with rising demand for leveraged crypto products amid increasing regulatory clarity.
Details of the SUI2 ETF
21Shares has introduced SUI2, the inaugural leveraged exchange-traded fund (ETF) tied to the SUI token, directly on the Nasdaq exchange. This product delivers 2x the daily performance of SUI, the native asset of the high-speed Sui blockchain. Traders and institutions can gain targeted exposure without direct token custody, capitalizing on Sui’s Layer-1 scalability.
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 ETF arrives as Sui posts strong metrics, including over 1 billion daily transactions processed in recent peaks. 21Shares positions SUI2 to capture this momentum, leveraging Nasdaq’s infrastructure for seamless trading. Approved as part of the broader U.S. shift toward crypto ETPs, the fund highlights how access to altcoin derivatives is finally starting to mature.
Sui's Technical Advantages and ETF Appeal
Sui stands out with parallel transaction execution, enabling thousands of operations per second at low fees. Developers favor its Move programming language for secure smart contracts, driving dApps in gaming and DeFi. The SUI token staked across validators secures the network, with total value locked surpassing $2 billion in late 2025. This growth trajectory prompted 21Shares to prioritize leveraged exposure, mirroring the success of its Bitcoin and Ethereum products.
The Impact of Leveraged ETFs on Crypto Investing
Leveraged ETFs like SUI2 use swaps and futures to amplify returns, making them popular with traders who are comfortable with volatility and understand the associated risks. However, the risks are significant, as daily resets can cause performance decay, and sideways markets can transform small price movements into outsized losses.
Despite these risks, similar products have already attracted approximately $10 billion this year, indicating a growing institutional comfort level. For 21Shares, already recognized for its collaboration with ARK, this launch expands its offerings beyond its existing Solana and Ethereum products. Furthermore, with regulators now permitting in-kind redemptions for spot ETPs, some of the operational complexities surrounding these products are beginning to be resolved.
In parallel, the Sui blockchain has launched the Mysticeti v2 consensus engine upgrade, which enhances speed and efficiency by up to 35%. This improvement is achieved by integrating transaction validation directly into the core consensus mechanism, eliminating redundant pre-steps, and streamlining transaction submission. These architectural modifications are designed to boost scalability, reduce latency, and improve the overall user experience across the Sui ecosystem.