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SK Hynix US Debut Sparks Wave of Leveraged ETFs on Wall Street
๐Ÿ“ˆ Business

SK Hynix US Debut Sparks Wave of Leveraged ETFs on Wall Street

SK Hynix's record-setting debut on a US exchange is spurring the creation of new leveraged ETFs tied to the South Korean memory chipmaker's shares. Such products are already popular in Seoul, where they amplify the stock's volatility, and are now set to reach Wall Street. Retail investors in the US will gain easier access to leveraged bets on SK Hynix.

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