• The first leveraged SUI ETF begins trading on Nasdaq and expands regulated crypto access for U.S. investors.
• The fund offers twice the daily Sui token performance but increases risk for short term traders.
• Rising Sui network activity supports demand for new crypto investment products in traditional markets.

21Shares has launched the first leveraged exchange-traded fund tied to the Sui blockchain on the Nasdaq. The product received approval from the U.S. Securities and Exchange Commission. 

It offers twice the daily performance of the Sui token. The fund represents the first ETF linked directly to the Sui network. The approval expands the range of regulated cryptocurrency products available to U.S. investors.

Leveraged Fund Targets Short-Term Traders

The 2x Leveraged SUI ETF aims to amplify daily movements in the Sui token. It uses derivatives and debt to increase exposure. The design allows investors to capture twice the daily returns of the underlying asset. However, the structure also magnifies losses. The daily compounding effect can shift long-term results away from the stated objective. The product suits investors who monitor positions closely. It also appeals to traders familiar with the risks of leverage.

The Sui blockchain supports high-speed transactions. It operates as a layer-1 proof-of-stake network. The ETF introduces a regulated entry point for investors seeking exposure to the Sui ecosystem. The listing also marks the resumption of a product that faced delays earlier in the year.

Growing Demand for Regulated Crypto Exposure

The launch arrives during rising institutional interest in digital asset investment vehicles. Multiple companies have sought approval for cryptocurrency ETFs in the U.S. The Sui ETF adds to 21Shares’ expanding list of crypto-focused offerings. The firm has introduced several digital asset products across global markets.

The Sui network has reported rapid growth. It supports user-friendly features such as simple login options and sponsored transactions. These features reduce friction for new users. The network also recorded strong activity within decentralized finance. Its decentralized exchange volume exceeded $10 billion across 30 days. It ranked among the largest blockchains by this measure. The network also processed more than $180 billion in stablecoin transfers over four consecutive months. This activity signaled rising adoption among institutional participants.

Regulatory Progress and Parallel ETF Developments

The SUI ETF approval follows the agency’s pause on several other leveraged ETF applications. The decision marks a notable development in the regulated crypto investment landscape. It also coincides with 21Shares advancing its spot Dogecoin ETF proposal. In September, 21Shares’ proposed DOGE ETF was listed on the DTCC. The firm disclosed the fund’s fee structure in a recent amendment. The filing confirmed a 0.50% sponsor fee, paid in Dogecoin. The proposed product would operate under a trust format.

Other issuers have also expanded their offerings. Grayscale introduced the first U.S. Chainlink ETF. It trades under the ticker GLNK. The product originated from the conversion of its long-running Chainlink Trust. Early inflows reached tens of millions, reflecting active market interest.

The SUI ETF launch also follows FalconX’s acquisition of 21Shares. The move strengthened the firm’s ability to scale its crypto investment lineup.