US Stock Market Alert: 3x Long Korea ETF - Direxion (KORU.US) Plunges Nearly 20% in After-Hours Trading
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
```htmlGolden Ten Data May 12|In the US stock market, Direxion Daily South Korea Bull 3X Shares (KORU.US) plunged nearly 20% in the current overnight trading session. In terms of news, after a certain exchange surged to approach the historical high of 8,000 points this morning, it experienced a dramatic plunge, with the exchange dropping over 5% at one point to 7,421.71 points. It is reported that BlackRock's nearly $23 billion iShares MSCI South Korea ETF recorded a net outflow of $970 million last week, marking the largest single-week withdrawal on record. The triple-leveraged product Direxion Daily MSCI South Korea Bull 3X ETF also saw an outflow of $240 million during the same period. This trend marks the end of the sustained strong capital inflows this year into this Asian AI core market. As profit-taking emerged, short-selling sentiment also heated up — according to S3 Partners data, the short interest in iShares MSCI South Korea ETF rose to 14.81%, the highest level since February 19.```
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Charles Schwab is gradually rolling out cryptocurrency accounts for retail users.
金色财经•2026/05/13 02:12
Charles Schwab launches crypto accounts supporting Bitcoin and Ethereum trading
AiCoin•2026/05/13 01:44
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$81,067.36
-0.09%
Ethereum
ETH
$2,297.19
-0.62%
Tether USDt
USDT
$0.9996
-0.00%
BNB
BNB
$680.81
+2.68%
XRP
XRP
$1.45
-0.78%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$95.23
-1.02%
TRON
TRX
$0.3489
+0.04%
Dogecoin
DOGE
$0.1115
+1.04%
Hyperliquid
HYPE
$40.48
-1.44%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now