My goodness! Binance listed ETF tokens for the same stock tonight with "2x long" and "2x short" leverage, and announced that both can be used as collateral. The stock is SK Hynix. Tonight at 8 PM, Binance will list five tokens on the spot market: SKUUB (2x long), SKDDB (2x short), AppLovin (APPB), GE Vernova (GEVB), and Bending Spoons (BSPB). On the same day, there was another announcement: also starting tonight at 8 PM, these five tokens will be added to the collateral list for full leverage, unified account mode, and unified account pro version. First, let's discuss why SK Hynix is worth writing about. It just listed its ADRs on Nasdaq on July 10th, with South Korean media reporting a fundraising scale exceeding $26 billion, making it the largest ADR listing in US stock market history, even larger than Alibaba's in 2014. Just four days later, GraniteShares launched two 2x ETFs, one long and one short, with a combined turnover of approximately $330 million on the first day.