South Korea Government Rules Out Leverage ETF Delisting, Schedules Follow-Up Measures on July 20

According to official statements and presidential policy chief Kim Yong-beom, the South Korean government plans to discuss follow-up measures for leverage exchange-traded funds (ETFs) on July 20, with delisting ruled out as an option. The market for single-stock leverage ETFs, which surged to 12 trillion won in recent weeks, has been flagged for exacerbating market volatility, with 16 leverage ETF products skyrocketing from 4.4 trillion won on May 27 to 15 trillion won within a month. Kim stated that delisting would pose "unimaginable" market shock given the 10 trillion-plus won asset base already deployed by investors. Instead, authorities are examining adjustments to premium/discount management timing to reduce order concentration at market close, potentially extending the management window beyond the current 30-minute framework.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments