This is crazy: They have a new 2x SK Hynix ETF in Hong Kong (7709 HK) and it is already the 4th biggest ETF in that market commanding 5% of all the aum. That would be like if a 2x stock ETF growing to $750b in the US (biggest one here is $6b and its 4yrs old). The degen gene is strong in Asia. This product doesn't exist yet in US but issuers have filed multiple and are chomping at bit to launch.