Shocking stat of the day: Assets under management (AUM) in the 2x Leveraged Long SK Hynix ETF, listed in Hong Kong, are up to a record ~$10 billion, making it the largest single-stock leveraged ETF in the world. The fund, launched in October 2025, has seen its AUM more than QUADRUPLE in less than 2 months. It has now overtaken the 2x Leveraged Long Tesla ETF, TSLL, which peaked at ~$8.5 billion in 2025. The fund's AUM is also nearly as large as TSLL and the 2x Leveraged Long Nvidia ETF, NVDL, combined. By comparison, the Samsung 2x Leveraged Long ETF, also listed in Hong Kong, has an AUM of $2.5 billion, which is 4 times smaller. Meanwhile, the newly launched Korea-listed 2x Leveraged Long ETFs for SK Hynix and Samsung have attracted +$1.2 billion and +$816 million in just two days following their launch. Levered AI bets are at record highs.(The Kobeissi Letter)