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Wall Street boosts the performance of the #SUI index to 2x that of 🔥
#TXXS —21Shares 2x Long Sui ETF—has just received approval from the U.S. Securities and Exchange Commission (#SEC , ) and is now listed on Nasdaq, joining the growing ranks of leveraged altcoin ETFs. ( TXXD fund is among the first #Dogecoin to be included in ).
The fund tracks double the daily price movements of SUI, and does not directly hold Sui, but instead boosts returns through swap contracts and other financial instruments.
#21Shares has already been developing SUI index products in Europe for several months... Now, as crypto ETFs expand from BTC and ETH to high-performance alt L1s, the U.S. can also adopt this model 🚀
$SUI
$ETH
$BTC