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The 2x leveraged SK Hynix ETF listed in Hong Kong has plunged 64% from its June peak after SK Hynix shares fell more than 35%, including a record 15% one-day drop on Monday. Many South Korean retail investors rushed into these leveraged ETFs after their launch, expecting to amplify AI-driven gains. Instead, extreme volatility and daily rebalancing accelerated losses, with reports of forced liquidations already emerging. The lesson is simple: leverage doesn't just amplify returns—it magnifies mistakes. In volatile markets, it can destroy capital far faster than most investors expect. Source: Global Markets Investor
It holds around 100 of the largest nonfinancial companies listed on the Nasdaq, tilted heavily toward tech and growth names. $NVDA: 7.6% - designs the GPUs powering AI and gaming $AAPL: 7.3% - makes the iPhone, Mac, and a growing services business $GOOG/$GOOGL: 6.5% - runs Google Search, YouTube, and Google Cloud $MU: 4.9% - builds memory and storage chips for computers and data centers $MSFT: 4.7% - sells Windows, Office, and Azure cloud services $AMZN: 4.2% - runs the largest US online store plus AWS cloud $AMD: 3.8% - makes processors and graphics chips for PCs and servers $TSLA: 3.2% - builds electric vehicles and energy storage systems Source: ETF Investments
US-listed funds now hold around $200 billion in assets, equivalent to roughly $400 billion of market exposure, while trading volumes are running about 50% above last year's record pace. Market structure increasingly matters. Source: TME, JP Morgan

