The race to capitalize on the artificial intelligence memory boom has reached the ETF market, with three issuers launching the first wave of leveraged funds tied to SK Hynix Inc’s (NASDAQ:SKHY)recently listed U.S. ADR. REX Shares and Tuttle Capital Management, ProShares, and GraniteShares have all rolled out products offering amplified exposure to the world’s second-largest memory chipmaker, giving U.S. investors new ways to trade one of AI’s most important hardware suppliers following its record-breaking U.S. listing.

The launches come just days after SK Hynix’s roughly $28 billion ADR offering, the largest ADR listing in U.S. history, debuted. The company has emerged as one of the biggest beneficiaries of the AI infrastructure buildout as the leading supplier of high-bandwidth memory (HBM) used alongside Nvidia Corp’s GPUs in AI servers. With demand for advanced memory chips accelerating, ETF issuers are rapidly expanding beyond Nvidia- and AI-chip-focused products to offer targeted exposure to the memory segment of the semiconductor supply chain.

The new leveraged SK hynix ETFs include:

T-REX 2X Long SKHY Daily Target ETF (NYSE:HYNX) from REX Shares and Tuttle Capital

  • Seeks 200% of the daily performance of SK Hynix, before fees and expenses
  • Expands the T-REX lineup to more than 40 leveraged and inverse single-stock ETFs

ProShares Ultra SK hynix (NYSE:SKHU)

GraniteShares 2x Long SK Hynix Daily ETF (NASDAQ:SKUU)

  • Seeks 2x the daily performance of SK hynix ADRs

GraniteShares 2x Short SK Hynix Daily ETF (NASDAQ:SKDD)

  • Seeks -2x (inverse) the daily performance of SK hynix ADRs
  • Allows traders to express bearish views without using margin or options

The trio of launches underscores how quickly ETF issuers are responding to investor demand for tactical AI exposure beyond GPUs. While Nvidia-related leveraged ETFs have dominated trading volumes over the past year, the arrival of multiple SK hynix products signals growing confidence that AI memory has become its own investable theme. Like all leveraged ETFs, the funds are designed to achieve their stated objectives on a daily basis and are intended primarily for short-term trading rather than long-term buy-and-hold investing.

SKHY Stock Price Activity: SK Hynix shares were up 23.84% at $188.66 at the time of publication on Tuesday, according to Benzinga Pro data.

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