Korean retail investors were active purchasers of ETFs listed in the United States in July

Press Release

Korean retail investors were active purchasers of ETFs listed in the United States in July


LONDON — August 09, 2024 — ETFGI, a prominent independent research and consultancy firm specializing in providing subscription research on trends in the global ETFs industry, organising 5 annual regional ETFGI Global ETFs Insight summits and the ETF TV show, reported Korean retail investors were active purchasers of ETFs listed in the United States in July. Twenty-seven of the top fifty overseas securities purchased by Korean retail investors were ETFs listed in the United States and Japan. The number of ETFs on the list increased by 1 from 26 in June, is up by 4 from 23 in May 2024, and it is up by 2 from April 2024. Source, Korea Securities Depository. (All dollar values in USD unless otherwise noted)

 

Highlights
•    Sixteen of the twenty-seven ETFs on the top 50 list provide leverage or inverse exposure.
•    The largest purchase was US$3.05 billion of the Direxion Daily Semiconductors Bull 3X SHS ETF listed in the United States. 

 

                              Top 10 overseas ETFs purchased in July 2024

ETF Name

Purchase Amount in USD

DIREXION DAILY SEMICONDUCTORS BULL 3X SHS ETF

 3,047,634,931

DIREXION DAILY TSLA BULL 2X SHARES

 1,417,225,685

GRANITESHARES 2.0X LONG NVDA DAILY ETF

 997,034,925

DIREXION SHARES ETF TRUST DAILY

 861,260,406

PROSHARES ULTRAPRO QQQ ETF

 739,820,231

PROSHARES ULTRAPRO SHORT QQQ ETF

 351,315,758

DIREXION DAILY 20 YEAR PLUS DRX DLY 20+ YR TREAS BULL 3X

 335,714,172

2X BITCOIN STRATEGY ETF

 270,742,993

T-REX 2X LONG TESLA DAILY TARGET ETF

 247,126,180

INVESCO QQQ TRUST SRS 1 ETF

 216,210,838

                             Source, Korea Securities Depository

 

The ETFs industry in Korea has 1,265 products with assets of $126.37 billion, from 36 providers listed on the Korea Exchange at the end of July 2024. According to data from ETFGI, 26.0 percent of the local products provide leverage or inverse exposure which account for 9.8% of the assets in the ETFs industry in Korea.

 

Asset Growth in South Korean ETF and ETP as of the end of July 2024

https://etfgi.com/sites/default/files/styles/feature_image/public/source_3.png?itok=sw3zyEon

 

If you have any questions or comments on the press release or ETFGI events, research or consulting services please contact deborah.fuhr@etfgi.com  

 

 

🎉 Join us for the 5th Annual ETFGI Global ETFs Insights Summit - Asia Pacific! 🌏

The event will take place on September 11th at Centricity - Concentric, Hong Kong, from 10:00 AM to 6:00 PM, including a networking lunch sponsored by State Street, and a drinks reception sponsored by Waystone. Virtual sessions will be held on September 12th.
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Due to limited tickets for the event, we encourage you to register promptly to secure your spot and take advantage of this exclusive opportunity for industry insights and networking.

Speakers will include (check our website for updates): 



The summit is designed to provide the opportunity for traders, portfolio managers, and advisors at buyside institutional investor and financial advisors to examine how ETFs are being traded, selected, and used and hear about the most current regulatory, index, product trends: active, bitcoin, crypto, ESG, thematic and trading developments that are impacting investors.

The ETFs industry in Asia Pacific (ex-Japan) had 3,441 products, with 3,631 listings, assets of $924.04 Bn, from 256 providers listed on 20 exchanges in Australia, China, Hong Kong, India, Indonesia, Kazakhstan, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Korea, Taiwan, Thailand, and Vietnam at the end of June.
 

📅 Event Dates:

  • September 11th: In-person at Centricity - Concentric, Hong Kong (10:00 AM - 6:00 PM), including a networking lunch sponsored by State Street, and a drinks reception sponsored by Waystone
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🥂 Exclusive In-Person Networking: Networking lunch sponsored by State Street and a networking drinks reception sponsored by Waystone on September 11th.

 

➡ Check out the agenda, speakers, and topics from last year's successful event to see what you can expect this year! Click here

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ETFGI (www.ETFGI.com) has for over 12 years published monthly subscription research reports covering trends in the global ETFs ecosystem, created factsheets for every ETF listed globally, provided consulting services and educational events and ETF TV (www.ETFtv.net).

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