On July 2, Leverage Shares launched the 2x Long SKHX and 1x Short SKHZ ETFs for SK Hynix. On July 6, hedge fund Situational Awareness joined UK investor Baillie Gifford in backing the US IPO of South Korean memory maker SK Hynix. On July 7, Corgi announced plans to list a 2x Long SK Hynix ETF on July 13, tracking double the daily performance of the chipmaker. The new ETF will have an expense ratio of 0.50%, among the lowest for single-stock leveraged ETFs.
In a landmark move for the global semiconductor industry, South Korea's SK Hynix has completed its Nasdaq listing under the ticker SKHYV, with American Depositary Receipts (ADRs) priced at $149 per share.
Read the full storyCorgi plans to list a 2x leveraged ETF tracking SK Hynix on July 13, featuring a low 0.50% expense ratio for sophisticated investors.
Hedge fund Situational Awareness joins Baillie Gifford in backing the South Korean chipmaker's upcoming US market debut.
Leverage Shares introduced 2x Long and 1x Short ETFs for SK Hynix to capture volatility and investor interest in the AI memory chip leader.