[Completely Insane? Total Assets of South Korean Chip Stock Leveraged ETFs Reach $31.4 Billion, SK Hynix-Related Products Exceed Its Average Daily Trading Volume by 4 Times] Odaily Planet Daily News: The Kobeissi Letter posted on the X platform, stating that the leverage levels of South Korean chip stocks are at an uncontrollably high state. The total assets of single-stock leveraged and inverse ETFs tracking SK Hynix amount to approximately $19 billion, exceeding the stock's average daily trading volume of about $4.5 billion this year by 4 times. Leveraged ETF assets related to Samsung are approximately $12.4 billion, 176% higher than its average daily trading volume of about $4.5 billion. Additionally, the 2x leveraged long SK Hynix ETF listed in Hong Kong has assets of approximately $13 billion, about 2 times SK Hynix's average daily trading volume, marking the largest gap among all major stocks tracked by leveraged ETFs. In comparison, Micron (MU) leveraged ETF assets are approximately $9.9 billion, far below its average daily trading volume of about $27.5 billion. Tesla and NVIDIA leveraged ETF assets are approximately $6 billion and $5.6 billion, respectively, both significantly lower than their average daily trading volumes of about $23.6 billion and $28.8 billion.