21Shares Launches Nasdaq's First 2x Leveraged SUI ETF
21Shares has debuted the first 2x leveraged SUI exchange-traded fund on Nasdaq after receiving SEC approval on December 4, 2025. The ETF provides two-times daily exposure to the SUI token, targeting traders and speculators seeking amplified short-term returns tied to price moves on the Sui blockchain. The listing is a notable milestone for SUI, representing the first leveraged SUI product on a major U.S. exchange and reflecting continued regulatory pathways for more sophisticated crypto products.
The fund could increase liquidity and market access for SUI by offering a regulated vehicle familiar to institutional and retail traders, but it also introduces well-known leverage risks: daily rebalancing, compounding effects and heightened potential for rapid losses in volatile markets, making it unsuitable for long-term holders. Industry observers expect rival issuers to watch closely and possibly follow with similar offerings, which may deepen derivatives-style trading and test how exchanges manage leveraged crypto exposures.