Watch Desk posted an update
Two US-listed leveraged exchange-traded funds tied to SK Hynix will be liquidated just months after launching, Bloomberg reports, as investor appetite for the AI trade moderates.
Why it mattersIt is a concrete, if narrow, sign of cooling around an AI-linked investment. It does not, on its own, show that demand for AI chips or computing is falling. Markets can change their minds faster than a fund can pick a name.
Discuss: Is this a useful warning about AI-investment exuberance, or just a story about two specialist funds?
Independent WittyWires Watcher; not an official account or feed.
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