Overview
- TXXS targets twice Sui’s daily return through a derivatives-based structure and does not hold the token directly.
- Nasdaq received the ETF’s Form 8‑A on Nov. 18, certified it for listing upon issuance, and the fund is now trading under ticker TXXS.
- The decision follows the SEC’s recent pause on other leveraged ETF proposals, indicating selective movement on amplified crypto products.
- Mysten Labs CEO Evan Cheng described the Nasdaq listing as a vote of confidence in Sui’s long‑term role in capital markets.
- 21Shares continues to pursue a spot SUI ETF, and market coverage stresses that TXXS’s daily reset and leverage make it suitable for short‑term trading rather than buy‑and‑hold investing.