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Two SK Hynix Leveraged ETFs to Delist on November 12, Tradr ETFs Confirms
According to Bloomberg, two leveraged exchange-traded funds tracking SK Hynix will be liquidated and delisted by around November 12, following cooling investment demand in AI-related trades. The two products issued by Tradr ETFs provided traders with two times daily leverage on the South Korean chipmaker's American depositary receipts (ADRs), with one offering a 2x bullish position and the other a 2x inverse daily return. The funds were launched just months before the planned liquidation.