GraniteShares Launches First U.S.-Listed Leveraged ETFs on SK Hynix

GraniteShares has introduced the first U.S.-listed leveraged ETFs tied to SK Hynix, launching the GraniteShares 2x Long SK Hynix Daily ETF (SKUU) and GraniteShares 2x Short SK Hynix Daily ETF (SKDD). The funds seek +200% and -200% of the stock’s daily return, respectively, following SK Hynix’s record-breaking Nasdaq ADR listing. The launch gives traders bullish and bearish leveraged exposure to one of the world’s leading AI memory chip suppliers, expanding GraniteShares’ growing lineup of single-stock leveraged ETFs focused on major technology and AI companies.