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.
