Leveraged Korea ETFs Sold Estimated $6 Billion of Shares in Rout (opens original article in a new tab)

Leveraged ETFs sold $6 billion of Korean chipmaker shares on Tuesday to maintain leverage ratios, accounting for 14% of turnover in Samsung and SK Hynix.

• Leveraged ETFs sold $6 billion of Korean chipmakers' shares on Tuesday
• Single-stock ETFs accounted for 14% of turnover in Samsung and SK Hynix
• ETFs were forced to sell to maintain leverage ratios