Leveraged trading in Asia is more popular than ever: The 2x Leveraged SK Hynix ETF, listed in Hong Kong, has attracted +$1.3 billion in year-to-date inflows. As a result, total ETF assets under management (AUM) are up to $8.0 billion, the highest on record, making it the world's largest single-stock leveraged ETF by assets. This fund’s AUM has more than TRIPLED over the last 3 months. Furthermore, the 2x leveraged Samsung ETF has attracted +$1.3 billion in inflows so far in 2026. This exceeds the year-to-date inflows of comparable 2x leveraged ETFs tracking Tesla, TSLA, and Microsoft, MSFT. Now, SK Hynix and Samsung are the two largest South Korean stocks, together accounting for nearly 50% of the KOSPI index, which has a total market cap of $4.5 trillion. Asian retail investors are rushing into leveraged chip stock bets like never before.(The Kobeissi Letter)