U.S. Asset Managers Push Kioxia Leverage ETF Listing, Market Warns of Volatility Risk

According to Bloomberg on July 27, U.S. asset management firms including Cogi Strategies, Graniteshares, and Turtle Capital are advancing plans to launch leverage exchange-traded funds (ETFs) tracking Kioxia shares and American Depositary Receipts (ADRs). Market participants have raised concerns that the introduction of the leveraged ETF could significantly amplify price volatility in the Japanese memory semiconductor company's stock.
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