SK Hynix leveraged ETF trading tops five South Korean crypto exchanges by 7x

The average daily trading value of Samsung Asset Management's KODEX SK Hynix Single Stock Leveraged ETF was seven times higher than the combined trading volume of South Korea's five largest virtual-asset exchanges, Electronic Times Internet reported. The KODEX product tracks twice the daily move of the KRX SK Hynix Index. From July 1 to July 27, its average daily trading value stood at 4.5383 trillion won. Over the same period, based on 18 ETF trading sessions, the combined average daily trading value of five exchanges including South Korean Upbit, Bithumb, Coinone, Korbit and Gopax was about 650.3 billion won.