Two SK Hynix-linked leveraged ETFs to liquidate on Nov 12
Briefing by News4U · First published
Tradr ETFs' SKHA and SKHN, listed in July, will close after assets fell over 60% as AI-trade enthusiasm cooled.
Tradr ETFs will liquidate its two SK Hynix-linked products, SKHA (2x long) and SKHN (2x short), around 11 November after they were listed on 28 July. [1] [2] [3]
The funds track the Korean chipmaker’s U.S. depositary receipts and had combined assets of about $1.3 million, down more than 60% from their peak. [1]
SK Hynix’s Seoul shares have fallen 56% from their high as investors worry about financing costs for AI infrastructure. [1] [3]
Sources
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