Key Insights
- 21Shares 2x Long Sui ETF receives approval to list on Nasdaq under the ticker “TXXS.”
- It has a management fee of 1.89%.
- SUI price jumps over 3% and targets a rally to $2.
21Shares 2x Long Sui ETF has received approval to list and trade on Nasdaq. This follows an auto-effective approval through an 8-A filing with the U.S. Securities and Exchange Commission.
This marks the first-ever leveraged ETF to offer regulated exposure to SUI crypto, and price saw more than 3% rebound to break above a local trendline.
21Shares 2x Long Sui ETF by Listed Funds Trust Gains Approval
According to the latest US SEC filing, Listed Funds Trust filed a CERT for its 21Shares 2x Long Sui ETF.
This indicates approval to list on Nasdaq, which provided confirmation to the same,
The 21Shares 2x Long Sui ETF will list under the ticker symbol “TXXS” and will provide investors with 2x of the daily SUI price performance.
It has a management fee of 1.89%. Also, this fund will not seek to achieve its stated investment objective over a period longer than a single day.
The 21Shares 2x Long Sui ETF Becomes First to Launch
The 21Shares 2X Long Sui ETF becomes the first Sui ETF to get approval for listing and trading, offering twice the daily total return of SUI.
TXXS will offer investors leveraged exposure to Sui, the first such exposure in the US market, through a familiar ETF structure.
It starts trading today, similar to its leverage Dogecoin ETF, which was the first to get listing approval. It was listed under the ticker symbol “TXXD” on November 20.
Sui Network reacted to the approval, saying “New chapter for Sui investing begins.” It added that the first Sui ETF in public markets will offer amplified and regulated exposure to SUI crypto.
Recently, Sui Network and payments giant Stripe firm Bridge partnered to launch a yield-bearing USDsui stablecoin. It will serve as a foundational stablecoin.
Will SUI Price Rally?
Crypto analyst Ali Martinez shared a SUI price target of $2. He claimed the token could rally as the TD Sequential flashed a buy signal, signaling a trend reversal.
Sui price jumped more than 3% in the past 24 hours and 30% in a month amid bullish sentiment.
At the time of writing, the price was trading at $1.692. The intraday low and high were $1.65 and $1.72, respectively.
However, trading volume has decreased by almost 50% over the last 24 hours. The price still needs to break above the 50-day moving average for a rally.
CoinGlass data showed mixed sentiment in the derivatives market, with a 0.59% jump in total SUI futures open interest. The 24-hour futures open interest was down 5.5% to $841 million.
The post Sui ETF By 21Shares Secures Listing Approval on Nasdaq appeared first on The Coin Republic.
Source: https://www.thecoinrepublic.com/2025/12/04/sui-etf-by-21shares-secures-listing-approval-on-nasdaq/
