Big news is here! The Swiss institution 21Shares has received approval from Nasdaq to launch the world’s first ETF tracking SUI—the ticker is TXXS. What’s even more exciting is that this product comes with 2x leverage, aiming to double SUI’s daily returns.
This is no small feat. Including this one, 74 new crypto ETFs have emerged this year, bringing the total number of products on the market to 128. But what’s the most outrageous part? Bloomberg’s ETF analyst Eric, who specializes in tracking ETFs, was stunned—this is the first time he’s seen a debut ETF product come with leverage. That kind of move just hasn’t happened before.
Looking back, the regulatory stance has subtly shifted. The SEC previously halted 3x and 5x high-leverage products outright. Now that 2x leverage has passed approval, is it a sign of loosening up or just testing the waters? The market is speculating whether this door will open even wider.
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MEVictim
· 12-05 01:39
Damn, launching with 2x leverage right out of the gate? Is the SEC really loosening up, or are they setting a trap?
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SchrodingerGas
· 12-05 01:32
2x leverage debut? The SEC is testing the market's bottom line—this is a classic case of gradual escalation in game theory.
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CodeZeroBasis
· 12-05 01:30
Daring to launch with 2x leverage right from the start, the SEC is really testing the limits.
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Can SUI double in this wave? Seeking advice from all the experts here.
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Wait, isn’t this basically a disguised loosening? Once the door opens, it can’t be stopped.
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New token and leverage at the same time, this risk level is pretty intense.
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21Shares is making a big strategic move, I’m optimistic about their pace.
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128 products piling up—is the market going crazy or being rational? I just can’t figure it out.
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First time seeing leverage offered right at launch, that’s some serious confidence.
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Can SUI seize this opportunity? Feels like it’ll depend on how the ecosystem develops.
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The signal for regulatory loosening is so obvious, will there be even crazier things coming?
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Going straight to 2x, retail investors don’t stand a chance haha
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SerLiquidated
· 12-05 01:18
2x leverage debut right off the bat? Has the SEC really changed, or is this just a smokescreen...
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Damn, TXXS going straight to 2x leverage, that's pretty aggressive. Can SUI handle it?
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Wait, with 128 products piling up, are we about to see another round of washouts?
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Once the regulatory floodgates open, it just doesn't stop—I've seen this happen way too many times...
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Even Eric is stunned, haha. Shows this really is a first. Now it's all about how the SEC will react next.
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An ETF tracking SUI is here, but I'm still a bit nervous. Leverage can really backfire.
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74 newly added this year? This market is truly insane. Everyone's betting on whether they can outperform or go down together.
Big news is here! The Swiss institution 21Shares has received approval from Nasdaq to launch the world’s first ETF tracking SUI—the ticker is TXXS. What’s even more exciting is that this product comes with 2x leverage, aiming to double SUI’s daily returns.
This is no small feat. Including this one, 74 new crypto ETFs have emerged this year, bringing the total number of products on the market to 128. But what’s the most outrageous part? Bloomberg’s ETF analyst Eric, who specializes in tracking ETFs, was stunned—this is the first time he’s seen a debut ETF product come with leverage. That kind of move just hasn’t happened before.
Looking back, the regulatory stance has subtly shifted. The SEC previously halted 3x and 5x high-leverage products outright. Now that 2x leverage has passed approval, is it a sign of loosening up or just testing the waters? The market is speculating whether this door will open even wider.