The exchange-traded fund (ETF) launch gives investors a new way to gain amplified exposure to SK hynix, the world's second-largest memory-chip manufacturer and a key supplier of high-bandwidth memory (HBM) technology.

Rex Shares and Tuttle Capital Management (TCM) have unveiled the T-Rex 2X Long SKHY Daily Target ETF (HYNX), a leveraged ETF designed to deliver 200% of the daily performance of SK hynix American Depositary Receipts (SKHY), which trade under the ticker. The launch gives investors a new way to gain amplified exposure to SK hynix The ETF is listed on NYSE Arca and became available for pre-market trading on July 14 (Tuesday) The launch gives investors a new way to gain amplified exposure to SK