Leveraged ETFs become a "amplifier" of volatility in the Korean stock market! $6 billion in automatic selling smashes the market into confusion.

The Wisdom Finance APP learned that after South Korean regulatory agencies indicated that they are studying measures to contain the risks posed by single-stock leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix, leveraged ETFs tracking the two storage chip giants may have sold a total of approximately $6 billion worth of stocks on Tuesday to maintain their leverage ratio. Data shows that the selling scale of these leveraged ETFs on Tuesday accounted for about 14% of the daily trading volume of Samsung Electronics and SK Hynix.