Korean Retail Investors Lose 56.3 Trillion KRW in Leveraged ETF Trading, Citi Reports

According to Citi, Korean retail investors suffered losses of approximately 56.3 trillion KRW in leveraged ETF investments during recent market adjustments through today, July 29. The market value of leveraged ETFs based on Korean assets peaked at 76.37 trillion KRW on July 22 before declining to 27.64 trillion KRW, the bank reported.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments