Two SK Hynix leveraged ETFs will be delisted in the United States

According to Bloomberg, two leveraged exchange-traded funds linked to SK Hynix will be liquidated and delisted just months after their launch in the United States, as current market enthusiasm for AI trading is gradually cooling.

These two long-short products issued by Tradr ETFs provide traders with double the daily price fluctuations of the American Depositary Receipts of the South Korean chip manufacturer, as well as double the inverse daily returns. The ETF issuer stated in a statement that both funds will complete liquidation around November 12.