AI Momentum Cools, SK Hynix-Related Leveraged Funds to Be Delisted from U.S. Markets

on October 26, according to Bloomberg, two leveraged exchange-traded funds linked to SK Hynix are slated for liquidation and delisting in the U.S. just months after their debut, as market enthusiasm for AI trading gradually cools. These two long/short products issued by Tradr ETFs provide traders with twice the daily price movement leverage on the American Depositary Receipts (ADR) of this South Korean chipmaker, along with twice the inverse daily returns. The ETF issuer stated in a notice that both funds will complete liquidation around November 12.