SK Hynix Inverse ETF Sees Record Trading Surge on Stock Volatility, July 16

SK Hynix-11.52%
According to Korea Exchange, SK Hynix inverse ETF experienced a surge in daily trading volume on July 16 as the underlying stock experienced sharp price swings. The inverse ETF market has become overheated amid the volatility, with turnover rates hitting record levels despite only two inverse ETF products being available for these single stocks, significantly smaller in product count and market capitalization compared to leveraged products.
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