SK Hynix Leveraged ETF Dominates Crypto Exchanges in South Korea

The trading volume of SK Hynix's leveraged ETF in South Korea has surpassed that of five major crypto exchanges combined by seven times, a striking indicator of shifting investor sentiment.

Between July 1 and July 27, the KODEX SK Hynix Single Stock Leveraged ETF had an average daily trading value of approximately 4.5383 trillion won ($3.3 billion), dwarfing the combined average daily trading value of Upbit, Bithumb, Coinone, Korbit, and Gopax at roughly 650.3 billion won ($473 million).

This preference among South Korean retail investors for leveraged equity products tied to SK Hynix is likely due to its critical role in the global AI infrastructure buildout, as well as regulatory pressures on the crypto market.