Bloomberg Analyst: SK Hynix ETF size has skyrocketed 10 times this year, ranking as the third-largest ETF in the Hong Kong market

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Deep Tide TechFlow News, on May 27, Bloomberg senior ETF analyst Eric Balchunas posted on the X platform that the 2x leveraged SK Hynix ETF has grown its assets by approximately 10 times this year and is now the third-largest ETF in the Hong Kong market, accounting for about 8.5% of all ETF assets.

Eric Balchunas also pointed out that this ETF has a daily trading volume exceeding $1 billion. When calculated at the scale of the U.S. market, it is equivalent to a daily trading level of about $150 billion, which is considered extremely rare in the global ETF market. If scaled proportionally, this ETF would be roughly equivalent to a $1.3 trillion ETF in the U.S. market, but such a product of this magnitude does not yet exist globally.

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