AI trading enthusiasm cools, two SK Hynix leveraged ETFs to liquidate around November 12

Odaily reports: As SK Hynix shares have fallen about 56% from their all-time high, market concerns over massive AI infrastructure investments and high financing costs continue to mount. Two Tradr ETFs linked to SK Hynix will liquidate around November 12, only about three and a half months after their US listing. The two products are a 2x long and an inverse short ETF on SK Hynix American Depositary Receipts (ADRs), launched on July 28 of this year. (Bloomberg)