Trading to End on November 5

Two exchange-traded funds (ETFs) in the United States that track twice the daily percentage change in SK hynix's share price will be delisted about three months after their launch.


The SK hynix headquarters in Icheon, Gyeonggi Province, on July 29, 2026. Yonhap News Agency

The SK hynix headquarters in Icheon, Gyeonggi Province, on July 29, 2026. Yonhap News Agency

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Industry sources said on Oct. 26 that Tradr, the ETF brand of U.S. asset manager AXS Investments, announced on Oct. 23 (local time) that plans to liquidate two SK hynix-related ETFs had been approved.


The ETFs slated for liquidation are the Tradr 2X Long SK hynix Daily ETF (ticker: SKHA), which tracks twice the daily gain in SK hynix's share price, and the Tradr 2X Short SK hynix Daily ETF (SKHN), which tracks twice the daily return in the opposite direction. Both products are based on SK hynix American Depositary Receipts (ADRs) listed on the Nasdaq in the United States and began trading on July 28.

Two SK hynix Leveraged ETFs in the U.S. to Be Delisted Just Three Months After Launch View original image

The two ETFs will trade for the final time on Nov. 5 on the BZX Exchange, part of Cboe. The asset manager plans to halt operations around Nov. 12 and liquidate the funds' holdings. Investors who hold shares as of the liquidation reference date will receive cash based on the net asset value (NAV) of their holdings.



According to filings submitted to the U.S. Securities and Exchange Commission (SEC), the liquidation plans were approved by the board of directors on Oct. 20. Tradr did not give a specific reason for the liquidations in its official announcement.


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