POPA Recon🟢 Total loss from leveraged ETFs estimated at 56.3 trillion won
🟢 Total loss from leveraged ETFs estimated at 56.3 trillion won B According to the industry, Citi Global Markets Securities said in a market report for institutional investors that After the market capitalization of leveraged ETFs based on Korean assets peaked at $52.5 billion, or KRW 76.3 trillion, on the 22nd of last month. It was recently revealed that it had plummeted to $19 billion, or approximately 27.6 trillion won. When the report also takes into account new funds flowing in after the price plunge, It was estimated that the total loss of individual investors' leveraged ETFs would…
The excerpt is quoted from a public Telegram channel, which owns its text.