# SUI's first 2x leveraged ETF was approved, and its stock rose 12% after listing on Nasdaq.
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SUI 2x Leveraged ETF Approved
Product Details : On December 4, 2025, the U.S. Securities and Exchange Commission (SEC) approved 21Shares ' first SUI 2x leveraged ETF, trading under the ticker symbol TCXS , which is already listed on Nasdaq.
Key features :
- Leverage ratio : Provides 200% exposure to SUI daily yield.
- Implementation method : Tracked through derivative contracts, without directly holding SUI tokens.
- Historical significance : This is the first ETF product based on the Sui ecosystem.
Market reaction :
- Price Performance : SUI tokens showed a positive reaction after being listed on the ETF, consistent with the reported 12% increase.
- Current price range : $1.60-$1.70 (as of publication)
- On-chain activity : Sui network's 30-day DEX trading volume exceeded $10 billion , demonstrating strong ecosystem activity.
Regulatory progress : Apart from the already approved leveraged ETFs, the application for a spot SUI ETF is still under SEC review, reflecting the regulator's gradual recognition of the SUI ecosystem.
This milestone marks Sui's formal recognition in traditional financial markets as an emerging Layer 1 public chain, providing institutional investors with tools to participate in the Sui ecosystem through regulated channels.
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