THIS IS ABSOLUTELY CRAZY STUFF:

South Korea-focused leveraged ETFs assets under management AUM have surged to nearly $40 billion, an ALL-TIME HIGH.
This figure has skyrocketed +600% since the beginning of the year, TRIPLING since March alone.
By comparison, total US leveraged ETF AUM stands at ~$180 billion.
To put this into perspective, the US stock market is worth ~$76 trillion, nearly 18 times larger than the South Korean market at ~$4.3 trillion.
Meanwhile, the US leveraged ETF AUM is just 4.5 times larger than the South Korean leveraged ETF AUM.
The level of speculation trading in South Korea is UNPRECEDENTED.
$BTC ‌