According to The Kobeissi Letter, South Korea's leveraged ETF assets reached a record $45 billion on July 3, rising approximately 800% since the beginning of 2026. Leverage exposure as a percentage of free-floating market capitalization hit a historic high of 2.9%, up more than threefold from January levels.
Meanwhile, the 2x long SK Hynix ETF listed in Hong Kong reached about $15 billion in assets, becoming the world's largest single-stock leveraged product. By comparison, major 2x long ETFs tracking Micron (MU), Nvidia (NVDA), SanDisk (SNDK), and Tesla (TSLA) have never exceeded $10 billion in assets.