South Korea's Financial Services Commission (FSC) has addressed concerns regarding the impact of single-stock leveraged ETFs on the country's stock market volatility. The FSC emphasized that these financial products have significantly contributed to retaining capital within domestic markets, countering the trend of funds moving overseas. Byun Je-ho, Director of the FSC's Capital Markets Bureau, highlighted that the volatility in the South Korean stock market cannot be solely attributed to single-stock leveraged ETFs. Byun noted that the recent fluctuations in the market are more closely linked to global semiconductor industry trends, particularly affecting major players like Samsung Electronics and SK Hynix. He pointed out that the volatility in U.S. and Japanese semiconductor stocks has also increased, suggesting that broader industry dynamics are at play rather than the influence of single-stock leveraged ETFs alone.