Sui Token Gets Wall Street Debut With 21Shares’ Leveraged ETF

Switzerland-based ETF issuer 21Shares has launched the first U.S.-traded exchange-traded product tracking the price of Sui (CRYPTO: SUI), a fast-growing cryptocurrency, as the surge in crypto ETF launches shows no signs of slowing.

The 21Shares 2x SUI ETF (NASDAQ:TXXS) is a leveraged fund designed to deliver twice the daily return of the Sui token, offering investors a high-risk, high-reward vehicle to capitalize on price movements. Russell Barlow, CEO of 21Shares, emphasized the growing demand for simplified digital asset products. He noted that with this ETF, the issuer aims to capitalize on one of the winners rising to the occasion …

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