21Shares has launched the first leveraged exchange-traded fund linked to the Sui blockchain project, the company announced, with the 2x Leveraged SUI ETF now trading on the Nasdaq following approval from the U.S. Securities and Exchange Commission.
The product, delayed back in September, represents the first ETF tied to the Sui network, according to the company. The fund offers investors twice the daily performance of the underlying Sui token.
Additionally, 21Shares is hoping to launch a spot Dogecoin ETF in the U.S., having recently filed an amendment that reveals the fund’s fee structure.
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