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Leveraged ETFs Sold $6 Billion of Korean Chips in Tuesday Rout

Leveraged ETFs Sold $6 Billion of Korean Chips in Tuesday Rout
Bloomberg Technology Wednesday 24 June 2026, 05:00 UTC By Charlotte Yang 1 min read
Key Points

ETFs & Mutual Funds Leveraged ETFs Sold $6 Billion of Korean Chips in Tuesday Rout Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. were likely forced to sell a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain leverage ratios, underscoring how such products can amplify market moves, according to Bloomberg Intelligence. Selling by these single‑stock ETFs, designed to provide twice the daily returns of the chipmaker they track, accounted...

ETFs & Mutual Funds Leveraged ETFs Sold $6 Billion of Korean Chips in Tuesday Rout Leveraged exchange-traded funds tracking Samsung Electronics Co. or SK Hynix Inc. were likely forced to sell a combined $6 billion of the Korean chipmakers’ shares Tuesday to maintain leverage ratios, underscoring how such products can amplify market moves, according to Bloomberg Intelligence. Selling by these single‑stock ETFs, designed to provide twice the daily returns of the chipmaker they track, accounted for about 14% of turnover in Samsung and SK Hynix on Tuesday, Bloomberg-compiled data show. [Image text:] Hana Bank KOSPI 8,963.46 Hana Bank 151.09 1.66%
Korean Chips (ORG) Rout ETFs & Mutual Funds (ORG) Rout Leveraged (ORG) Samsung Electronics Co. (ORG) SK Hynix Inc. (ORG) Korean (ORG) Bloomberg Intelligence (ORG) Samsung (ORG) SK Hynix (ORG) Bloomberg (ORG)
Originally published by Bloomberg Technology Read original →

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