The US Securities and Exchange Commission (SEC) has approved the first ever SUI-ETF A new exchange-traded fund launched by 21Shares has begun trading under the ticker TXXS on the Nasdaq.
TXXS is designed to generate twice the daily profit of SUI, providing 200% coverage through a derivatives portfolio rather than direct token ownership. This structure allows investors to profit with leverage without understanding the network’s workings or holding cryptocurrency on deposit.
New SUI Management FeeETF 21Shares’ return is 1,89%, similar to other complex leveraged products in the market.
The approval of TXXS indicates that the regulator is ready to allow more advanced and structured cryptocurrency products into the US market. The US Securities and Exchange Commission has already approved the product in November 2025. ETF on Dogecoin with leverage from 21Shares (TXXD), and is now considering an application for spot ETF on SUI meringue.
At the time of writing, Sui was trading at $1,63. Over the past 24 hours, the asset has fallen 2,47%, but has gained almost 5% over the past week.