TOO HOT: South Korea's govt is halting listing of levered single stock ETFs and increasing min deposit to use them in effort to cool down a retail frenzy. SK has one of the highest degen per capitas in world combined w/ an increasingly hot/volatile stock mkt w/ SK Hynix and Samsung making up 50% of entire eq mkt and 70% of trading. Our take: mostly optics, it won't do much as the ppl can already use the 300 existing 2x ETFs in SK and many can access 2x ETFs in HK and US. Story via @sangmi_cha h/t @CharlotteYTYang and good analysis/quote from @RebeccaSin_SK(Eric Balchunas)