Korea launched 2x single-stock leveraged ETFs 9 weeks ago. Today the finance minister apologized for them in parliament,

The trigger is almost absurd. SK Hynix posted the most profitable quarter in Korean corporate history - 60.5 trillion won in operating profit, up over 550% (Bloomberg) - and it still missed estimates. The stock fell about 10%, the index dropped 8%, and Korea got its first back-to-back circuit breakers ever. July is now the worst month in KOSPI history. But the earnings aren't the real story. The leverage is. Retail investors lost about $1.5 billion in those nine-week-old ETFs, and over 320,000

CryptoAlerta — análise de criptomoedas e mercado em tempo real