The 2x leveraged SK Hynix ETF has seen its assets under management (AUM) increase approximately tenfold this year, becoming the third-largest ETF in Hong Kong, according to Bloomberg's Senior ETF Analyst Eric Balchunas. The ETF now accounts for about 8.5% of the total ETF AUM in the Hong Kong market.
Balchunas highlighted that the ETF's daily trading volume surpasses $1 billion. If this volume were scaled to the U.S. market, it would equate to about $150 billion daily, a figure rarely achieved by ETFs globally. This growth positions the ETF as a significant player in the market, with a hypothetical U.S.-listed equivalent AUM of around $1.3 trillion, a size unprecedented worldwide.
SK Hynix ETF's AUM Grows Tenfold, Ranks Third in Hong Kong
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