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After the South Korean government tightened investment regulations on single-share leveraged exchange-traded funds, Korean investors' funds are rapidly shifting to US leveraged ETFs. In the same period from July 15 to August 4, the US fund SOXL ranked first in net purchases of overseas stocks by Korean investors, with a net purchase amount of US$2,487.9 billion. Tesla's double-leveraged ETF had a net purchase amount of US$2143.6 million, ranking sixth. The three-times leveraged ETF in the Korean stock market also received $130.95 million in capital inflows, ranking 11th. Data from SeiBro, a portal operated by the Korea Securities Depository, also shows that after Korea's KOSPI index fell in June, Korean retail investors made net purchases of US ETFs worth 633 million US dollars in that month. After the decline intensified in July, investors also made net purchases of US stocks worth 4.67 billion US dollars, the largest monthly net purchase since January this year.
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After the South Korean government tightened investment regulations on single-share leveraged exchange-traded funds, Korean investors' funds are rapidly shifting to US leveraged ETFs. In the same period from July 15 to August 4, the US fund SOXL ranked first in net purchases of overseas stocks by Korean investors, with a net purchase amount of US$2,487.9 billion. Tesla's double-leveraged ETF had a net purchase amount of US$2143.6 million, ranking sixth. The three-times leveraged ETF in the Korean stock market also received $130.95 million in capital inflows, ranking 11th. Data from SeiBro, a portal operated by the Korea Securities Depository, also shows that after Korea's KOSPI index fell in June, Korean retail investors made net purchases of US ETFs worth 633 million US dollars in that month. After the decline intensified in July, investors also made net purchases of US stocks worth 4.67 billion US dollars, the largest monthly net purchase since January this year.
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