South Korean lawmaker drops a bomb: $SAMSUNG , $SKHYNIX leveraged ETFs should be delisted! KOSPI "has become a casino"!


Lawmaker Ahn Cheol-soo directly stated: 212 trillion won in leveraged funds are concentrated, with Samsung and SK Hynix alone accounting for 60% of KOSPI's total market cap. This year, the "sidecar mechanism" was triggered 31 times, there were 5 circuit breakers, and the fear index surged to an all-time high of 90.8 — this is not investing, it's a casino.
Remember that SK Hynix leveraged ETF from early June? The underlying stock dropped 8%, but the ETF soared 50% with an 86% premium. The next day, the premium disappeared and the ETF plummeted 27%.
Gongming's view: The leverage frenzy among Korean retail investors is turning the main board into a high-risk casino. If regulators actually push for delisting, a large amount of leveraged funds will be forced to liquidate, which may exacerbate market volatility in the short term. But for the crypto circle, Korean capital has always been sensitive to risk appetite — if local stock market regulation tightens, some funds may flow into the crypto market.
What should players do? Don't rush to buy Korean concept coins; wait for regulatory clarity. Bitcoin is oscillating around 63,000; pick quality assets that are decoupled from macro conditions.
#gStocks代币化股票上线 #Vitalik公布精简以太坊路线图
SAMSUNG0.04%
SKHYNIX-4.68%
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