It's the financial sensation of the moment in the Asian market: the 2x long ETF on SK Hynix, listed on the Hong Kong Stock Exchange, has just smashed its records. According to the latest data shared by The Kobeissi Letter, the fund now boasts $13 billion in assets under management (AUM).
Key takeaways:
A meteoric rise: In just two months, the assets of this ETF have more than tripled.
A heavyweight in the market: It's now sitting in 2nd place among the 250 ETFs listed in Hong Kong, capturing about 13% of the total market cap of the local #ETF .
Record growth: This fund holds the title for the fastest-growing Asian ETF in history, ranking 4th globally in terms of growth speed.
A lightning success: Launched just eight months ago (in October 2025), this financial instrument shows a ravenous appetite from investors for exposure to semiconductors via leveraged products.
Why does this matter?
For traders, this momentum highlights massive interest in critical AI-related components, with SK Hynix being a key player. This success in Hong Kong also confirms that leveraged products are increasingly attracting institutional and retail capital looking to amplify their exposure to strong tech themes.
