Hong Kong 2x leveraged SK Hynix ETF reaches about $13 billion in assets

Bloomberg senior ETF analyst Eric Balchunas said the fund now ranks second among roughly 250 local ETFs, represents about 13% of total ETF assets, and has become one of the fastest-growing ETFs on record.

Summary

A 2x leveraged SK Hynix ETF in Hong Kong has grown to about $13 billion in assets, underscoring intense investor demand for amplified semiconductor exposure tied to the artificial intelligence trade. Bloomberg senior ETF analyst Eric Balchunas said the fund now ranks second among around 250 local ETFs and accounts for about 13% of total ETF assets in the market. He also described the product, launched in October 2025, as Asia’s fastest-growing ETF ever and the fourth-fastest globally, reflecting AI-driven memory-chip demand and SK Hynix’s role as a major NVIDIA HBM supplier.

Terms & Concepts
  • 2x leveraged ETF: An exchange-traded fund designed to deliver twice the daily move of its underlying asset.
  • SK Hynix: A semiconductor company whose shares underpin the ETF mentioned in the report.
  • ETF assets: The total value of investor money held within exchange-traded funds.