Tradr to delist two SK Hynix-linked leveraged ETFs in US as AI trade cools

The closure of these products within months of listing says less about SK Hynix than about the shelf life of single-stock leveraged ETFs built around a crowded theme: when the underlying narrative cools, the wrapper loses its audience faster than the stock itself. The affected parties are niche — short-term tactical traders who used them for two-times daily exposure, not long-term holders of the ADRs. The open question is whether this is an isolated housekeeping move by one issuer or the start of a broader thinning of AI-themed leveraged products as appetite fades.