Bloomberg Analyst: SK Hynix Leveraged ETF has become the third-largest ETF in the Hong Kong market, with extremely rare trading activity

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BlockBeats News, on May 27, Bloomberg senior ETF analyst Eric Balchunas said on the X platform that the Hong Kong 2x leveraged SK Hynix ETF (7709) has grown its assets by about 10 times this year, and has now become the third-largest ETF in the Hong Kong market, accounting for about 8.5% of all ETF assets in Hong Kong. The ETF has also recorded extremely high trading activity, with daily trading volume exceeding the $1 billion level. Calculated based on an equivalent scale to the U.S. market, this corresponds to a daily trading volume of about $150 billion, which is considered extremely rare in the global ETF market.

Eric Balchunas also specifically pointed out that, if scaled proportionally, this ETF would be equivalent in size to an ETF on the order of $1.3 trillion in the U.S. market, but a product of this magnitude does not yet exist worldwide.

Market participants believe that this phenomenon reflects the rapidly increasing concentration of capital in Hong Kong’s derivative ETFs and leveraged products tied to a single underlying asset, while also highlighting the continued strengthening of activity in high-risk structured ETF trading in Asian markets.

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PineLiquidityPool
· 13h ago
Balchunas's data has always been accurate; this trend is worth paying attention to.
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QueuePosition
· 13h ago
Just look at the conversion of that 1.3 trillion; in reality, it's impossible to play like that.
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GateUser-f7b40cee
· 13h ago
Equivalent to 150 billion yen in daily trading volume, also a top-tier level in U.S. stocks.
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NfaKitchen
· 13h ago
This liquidity is just too crazy; Asian retail investors are really fierce.
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