Wall Street rushes into leveraged SK hynix ETFs

A wave of single-stock leveraged exchange-traded funds tied to SK hynix's newly listed US shares is set to hit the market this week, underscoring growing investor demand for products linked to the South Korean chipmaker.

US ETF issuers are lining up to launch products tied to the chipmaker, following the strong Nasdaq debut of SK hynix's American depositary receipts, which jumped 13.08 percent from their offering price to close at $168.49 on Friday.

The flurry of ETF launches underscores growing ...