Asian Leveraged AI Bet Hits Record: SK Hynix's 2x Long ETF AUM Reaches $13 Billion
June 22: The Kobeissi Letter reported that assets under management (AUM) for the Hong Kong-listed SK Hynix 2x Leveraged Long ETF have hit a record high of $13 billion.
The fund’s AUM has surged more than three times over the past two months, making it the second-largest product among roughly 250 listed ETFs in Hong Kong. It now represents about 13% of Hong Kong’s domestic ETF market total assets, earning it the title of the fastest-growing ETF by asset scale in Asia and a fourth-place global ranking. Launched in October 2025, the fund is less than eight months old.
Additionally, GF Fund Management has lifted position limits for SK Hynix Leveraged Fund options to meet growing market demand.
1 seconds ago
BlockSec: Taiko Suspected Victim of Attack Due to GitHub Leak of SGX Attestation Key, Loses Over $1.7 Million
June 22nd – According to BlockSec’s monitoring, the Taiko Network has suffered an attack leading to over $1.7 million in losses. Preliminary investigations point to the likely root cause: the exposure of Raiko’s SGX enclave signing key on GitHub. Raiko is Taiko’s multi-prover stack, used for verifying blocks on both Taiko and Ethereum, so the exposed SGX enclave key could directly compromise Taiko’s on-chain proof verification pathway.
With the enclave signing key now publicly accessible, the SGX prover trust model may have been breached. The exposed key enables attackers to register SGX instances under their control. Once registered, these malicious instances can sign proof public inputs accepted by Taiko’s proof validator, allowing fraudulent state or signal proofs to pass validation. The attacker then leverages forged source signals to register fake bridging messages as "RETRIABLE", before calling the `retryMessage` function to trigger the ERC20Vault and release standard Layer 1 (L
1 seconds ago
Samsung Electro-Mechanics Expands Partnership with Qualcomm for FC-BGA Package Substrate Production, Extending Collaboration to Data Center Business
On June 22, Samsung Electro-Mechanics kicked off mass production of packaging substrates for Qualcomm’s first data-center AI accelerator at its Busan factory. This marks an expansion of the two companies’ partnership, moving beyond their traditional collaboration in mobile and PC markets to now cover the data center sector.
Samsung Electro-Mechanics recently began mass production of Flip Chip Ball Grid Array (FC-BGA) packaging substrates tailored for Qualcomm’s latest AI accelerator, the AI200. The AI200 is Qualcomm’s first AI accelerator built for data centers, unveiled last October, and it’s primarily designed for AI inference scenarios. The chip features Qualcomm’s self-developed Oryon CPU and Hexagon NPU, paired with low-power LPDDR5 memory to enhance energy efficiency.
Qualcomm plans to launch the AI200 in the second half of this year, so Samsung Electro-Mechanics started mass production of the FC-BGA substrates early to align with the product’s rollout timeline. This developmen
1 seconds ago
Berenberg: Conventional DRAM prices may continue to rise in 2027, HBM faces profit catch-up pressure
June 22nd – Analysts at Bernstein stated in a recent report that commodity DRAM, which saw a roughly 4.5x price surge from the third quarter of 2025 to the second quarter of 2026, may continue its upward price trajectory in 2027. As a result, current commodity DRAM already boasts an average selling price per bit that matches, or even exceeds, that of High Bandwidth Memory (HBM), per the firm’s analysis.
Bernstein noted that thanks to higher bit density and yield, this year’s revenue per wafer for commodity DRAM could double that of HBM, translating to a significantly higher profit margin.
The institution estimated HBM prices would need to rise roughly threefold to match commodity DRAM’s revenue per wafer. However, memory chip manufacturers are unlikely to pursue aggressive price hikes for HBM, as they recognize the technology’s high costs could hinder the broader artificial intelligence ecosystem’s development and ultimately dampen overall memory demand.
1 seconds ago
Japan's National Corporate Pension Fund is considering investing in cryptocurrency to diversify exchange rate risk
June 22: Japan’s National Commercial Business Pension Fund, which is supported by about 1,200 small and medium-sized enterprises based in Okayama City, plans to start investing in cryptocurrencies in fiscal year 2026. While some Japanese companies have previously dabbled in crypto assets, it remains relatively unusual for a domestic pension fund to directly participate in crypto investments.
The fund intends to allocate roughly 1% of its total assets to cryptocurrency, via indirect investments in passive funds managed by large hedge funds that hold a range of crypto assets.
Regarding asset allocation, its 2025 fiscal year breakdown is 80% in Japanese yen, 15% in U.S. dollars, and 5% in other currencies. For fiscal 2026, the planned adjustments are: lower yen holdings to 70%, add a 10% allocation to developed-market currencies, and assign the remaining 5% to emerging-market currencies, gold, and crypto assets.
The core goal of this shift is to diversify exchange rate risk. Ai T
1 seconds ago