Key Highlights

  • Dual product advance: The 21Shares 2x Long Sui ETF (TXXS) gained 20.32% to $3.03 and the 2x Sui ETF (SUIL) advanced 19.24% to $8.45 on Monday, with both products providing leveraged exposure to the SUI Layer-1 blockchain token as the asset participated in the broad crypto rally.
  • AUM and fee comparison: TXXS carries $2.47 million in AUM at a 4.55% expense ratio — the highest fee in the entire leveraged crypto ETF cohort — while SUIL holds $517,000 at 1.85%, creating a stark cost-efficiency divergence between two products targeting identical underlying exposure.

 

Two competing leveraged Sui blockchain ETFs — the 21Shares 2x Long Sui ETF (ARCA: TXXS) and the 2x Sui ETF (ARCA: SUIL) — both gained more than 19% on Monday as the SUI token advanced in a broad crypto rally, with the dual product existence for a single relatively new Layer-1 blockchain reflecting the accelerated pace of leveraged crypto ETF product launches following expanded regulatory approvals.

The cost structure divergence between the two Sui leverage products is one of the starkest in the leveraged crypto ETF market. TXXS charges approximately 4.55% annually, the highest expense ratio in the entire session cohort, while SUIL charges 1.85% for targeting the same underlying two-times daily SUI return. Over a one-week holding period this fee gap has marginal impact, but any investor holding these products for more than a few days should be aware that TXXS's fee drag adds meaningfully to the structural compounding decay that all leveraged daily-reset ETFs carry.

Sui blockchain development has attracted growing attention as a Move-language platform designed by former engineers from Meta's discontinued Diem blockchain project. The network's object-centric data model enables parallel transaction processing that achieves high throughput for gaming, DeFi, and payment applications, differentiating Sui's technical architecture from account-based blockchains including Ethereum and Solana.

For investors comparing leveraged Sui ETF options in 2026, the combination of TXXS's higher AUM at $2.47 million against SUIL's lower AUM of $517,000 presents a trade-off between marginally better liquidity in TXXS and substantially lower cost in SUIL. Neither product has achieved the AUM threshold that would place it firmly above closure risk, making both products fragile leveraged vehicles for a blockchain token that itself is early in its adoption curve.

Investors asking which Sui leveraged ETF is better should prioritise SUIL's significantly lower expense ratio for any directional Sui trade, as the 2.70 percentage point annual fee saving compresses the compounding cost disadvantage that daily-reset leveraged ETFs already impose on holders through volatility drag.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.