Bloomberg analysts: SK Hynix ETF size has surged tenfold this year, becoming the third largest ETF in the Hong Kong market
Bloomberg's senior ETF analyst Eric Balchunas posted on the X platform that the 2x leveraged SK Hynix ETF has grown approximately 10 times in asset size this year, and is now the third largest ETF in the Hong Kong market, accounting for about 8.5% of total ETF assets.
Eric Balchunas also pointed out that the daily trading volume of this ETF exceeds $1 billion. When calculated on a scale equivalent to the U.S. market, this corresponds to a daily trading level of about $150 billion, which is considered extremely rare in the global ETF market. If proportionally converted, the scale of this ETF in the U.S. market would be equivalent to about $1.3 trillion ETFs, but products of this magnitude do not currently exist globally.
-- Price
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