According to @EricBalchunas, 21Shares has launched a 2x SUI ETF, marking the first ETF tied to SUI. The first product being leveraged is rare and was also the case for XRP, per @EricBalchunas. This marks the 74th crypto ETF launched this year and the 128th overall, per @EricBalchunas. He expects another 80 crypto ETFs to launch in the next 12 months, per @EricBalchunas.

According to the source, high-leveraged crypto ETF applications have been put on hold following warnings from U.S. SEC staff; source: Dec 3, 2025 social media post. The source adds that the applications are paused pending further regulatory feedback, implying no near-term listings of higher-leverage exchange-traded crypto products; source: Dec 3, 2025 social media post. SEC investor guidance emphasizes that leveraged and inverse ETFs can magnify gains and losses and carry unique risks, a basis for stricter review that traders should factor into positioning and headline risk management; source: SEC Investor.gov, Leveraged and Inverse ETFs investor bulletin.

According to Eric Balchunas, 21Shares submitted new filings that include an active crypto ETF and leveraged 2x DOGE and 2x SUI products (source: Eric Balchunas on X, Aug 22, 2025). According to Eric Balchunas, he expects to see a large number of active crypto ETF filings in the next 12 months (source: Eric Balchunas on X, Aug 22, 2025).

According to @EricBalchunas, the first 'return stacking' ETF, the REX Shares' Return Stacked U.S. Stocks & Bitcoin & Gold ETF (RSBT), has launched today, offering investors 200% exposure by combining US equities with both Bitcoin futures and gold futures. This innovative ETF structure allows traders to access leveraged returns from traditional and crypto assets within a single fund, streamlining portfolio diversification and risk management. Market participants should watch for increased crypto integration in mainstream ETFs as RSBT may drive fresh inflows into Bitcoin markets and influence trading volumes across correlated crypto assets (Source: @EricBalchunas, Bloomberg).

According to Eric Balchunas, GraniteShares has filed for a 2x Galaxy ETF just one week after the Galaxy stock's initial public offering, marking an unprecedented speed for leveraged ETF filings in the crypto sector (source: Eric Balchunas, Twitter, May 23, 2025). Additionally, a third 2x Rigetti Computing ETF is also in progress. For traders, this rapid launch signals growing institutional confidence in the cryptocurrency-linked equity market and introduces new opportunities for leveraged exposure to Galaxy Digital. The emergence of multiple leveraged ETFs so soon after IPOs may increase volatility and liquidity in related crypto stocks, with potential spillover effects on crypto asset prices.