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Wall Street has just set SUI leverage to 2x 🔥
$TXXS —21Shares 2x Long Sui ETF—has just received SEC approval and will be listed on Nasdaq, joining the expanding lineup of leveraged altcoin ETFs. (Dogecoin’s $TXXD was among the first to be approved.)
This ETF aims to achieve 2x the daily price movements of $SUI. It does not directly hold Sui, but instead boosts returns through swap contracts and other financial instruments.
21Shares has already launched Sui-related products in Europe for several months... Now, as crypto ETFs expand from $BTC /$ETH to high-performance alt L1s, this model is coming to the US market as well.