The U.S. Securities and Exchange Commission (SEC) has recently approved the first leveraged SUI ETF launched by 21Shares, which is now listed on Nasdaq under the ticker TXXS. This product provides U.S. investors with a new way to gain 2x daily exposure to SUI through traditional brokerage accounts without directly purchasing crypto assets.
TXXS uses swaps and other derivatives to track SUI’s daily performance: if SUI rises 10% in a single day, the targeted return is about 20%; if it falls, the loss is also magnified twofold. Notably, the fund does not hold actual SUI tokens and relies entirely on derivative structures. The SEC had previously cautioned the market in October about the risks of highly leveraged crypto ETFs (3x, 5x, etc.), and this week issued a risk alert to issuers, underscoring its cautious regulatory stance toward leveraged products.
Meanwhile, on-chain activity on the Sui Network continues to strengthen. Over the past three months, its daily transaction volume has grown by 28.2%, outpacing leading blockchains such as Polygon, Arbitrum, and Aptos. Transaction volumes for Aptos and Near declined during the same period, while Sui expanded against the trend, indicating an increase in ecosystem users and on-chain activity.
In terms of price, SUI has risen about 8% over the past week and is currently trading around $1.67. Technical indicators are bullish: the Chaikin Money Flow (CMF) stands at 0.09, showing buying inflows; the MACD has turned positive with the fast line above the slow line. Key resistance levels are at $1.80 and $2.00—if broken, this could open the way for a move up to $2.20. Support is found at $1.60 and $1.50.
With TXXS now listed, U.S. investors can, for the first time, gain leveraged SUI exposure through a regulated financial product. This also reflects the growing interest in blockchain infrastructure tokens and crypto ETFs in the U.S. market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Remains Resilient as Iran-US Conflict Fuels Risk-Off Sentiment
Bitcoin has gained over 2%, defying a global risk-off sentiment sparked by the escalation of the US-Iran conflict that has seen most stocks plunge.
Analysts say it’s the best time to buy BTC as the US Fed is going to start printing billions of dollars to support the war, as it has in
CryptoNewsFlash3m ago
JPMorgan Highlights Potential Digital Asset Rally Under Clarity Act
JPMorgan sees the Clarity Act as a significant opportunity for digital assets, predicting increased institutional investment and market stabilization if clearer regulations are established, particularly by the end of 2026.
Coinfomania5m ago
Bitcoin Investors Face Loss, Market Shows Signs of Stabilization
Most Bitcoin investors from the last two years are in loss, but this could signal buying opportunities for disciplined traders.
Short-term holders are showing patience despite geopolitical tension, suggesting panic selling may be fading.
Monitoring exchange inflows is key—declining losses h
CryptoFrontNews17m ago
BTC drops 0.68% in 15 minutes: whale selling pressure combined with macro risk aversion sentiment triggers short-term pullback
From 09:15 to 09:30 (UTC) on March 3, 2026, BTC recorded a -0.68% return within 15 minutes, with a price range of 66,595.0 to 67,141.1 USDT and an amplitude of 0.81%. Market attention increased during this period, short-term volatility intensified, and investors became highly sensitive to capital flows and risk asset sentiment.
The main driver of this anomaly was a large whale short-term concentration of BTC inflows and sales on a major mainstream exchange. On-chain data shows that since early 2026, the inflow ratio of large whales (addresses holding ≥1,000 BTC) reached a recent high,
GateNews26m ago
Switching from crypto to stocks? Cryptocurrency liquidity shifts to the US stock market, with AI becoming the best cross-market aid
According to Wintermute's research, retail investor funds are flowing heavily into the US stock market, gradually decoupling from the crypto market. The crypto market has entered a mature phase, with retail investors seeking higher capital efficiency shifting towards more volatile stock markets. Generative AI has boosted retail investors' confidence, making it easier for funds to move between the US stock market and the crypto market, leading to a transformation of cryptocurrencies into a component of investment portfolios.
ChainNewsAbmedia50m ago
Lantern Festival coincides with a Blood Moon "once every 46 years"! Both the Taiwan stock market and the US stock market happen to be on the edge of a cliff—coincidence or fate?
Tonight's Lantern Festival, Taiwan is also witnessing a once-in-46-years "Total Lunar Eclipse Blood Moon" phenomenon, contrasting with the turbulence in the financial markets. Due to the "Iran Shock," the US stock market was affected, with the S&P 500 reaching 6,775 points and the VIX soaring. The Taiwan stock market also faced foreign selling pressure. Studies show that lunar phases influence market sentiment, with stock returns slightly lower during the full moon.
動區BlockTempo53m ago
