In South Korea's $4.3 trillion stock market, retail investors' pursuit of leveraged ETFs has reached a frenzied level, with these products and the two chip stocks they track accounting for over 70% of trading volume. This abnormal phenomenon has sparked criticism of regulators for allowing such high-risk products to exist, with some opposition party lawmakers even calling for their delisting. Market volatility has significantly increased since the ETFs tracking twice the daily fluctuations of Samsung Electronics and SK Hynix were listed at the end of May. The original design of such products was to attract more retail investor funds into the market.
