NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- On July 10, one of the most anticipated market debuts in years is expected to hit the Nasdaq. SK hynix, the Korean chipmaker behind the High Bandwidth Memory inside nearly every advanced AI accelerator, is set to list its shares in the US under the ticker SKHY, in what is reported to be the largest ADR offering in market history, bigger than Alibaba's 2014 debut.
If Nvidia is the engine of the AI boom, SK hynix makes the fuel injectors. Its HBM chips sit beside the AI processors powering data centers at Microsoft, Amazon, Google, and Meta. Until now, US investors could only reach the stock through Seoul. That changes this month.
Big debuts bring big moves, in both directions. That's why GraniteShares has filed to launch two new ETFs, SKUU and SKDD, with an anticipated launch date of Monday, July 13, 2026, the first trading day after SKHY's expected debut.
GraniteShares 2x Long SKHY Daily ETF (SKUU), which seeks 2 times (200%) the daily percentage change of SKHY, before fees and expenses.
GraniteShares 2x Short SKHY Daily ETF (SKDD), which seeks 2 times the inverse (200%) of the daily percentage change of SKHY, before fees and expenses.
Whether you think the debut runs hot or comes back to earth, SKUU and SKDD are designed to let you act on that view with amplified daily trading tools, in a transparent ETF wrapper, with no margin account and no options chain. Both funds are expected to begin trading on July 13, 2026, shortly after SKHY lists, subject to SEC effectiveness.
SKHY lists on Friday. SKUU and SKDD ETFs may follow on Monday.
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https://graniteshares.com/sk-hynix-leveraged-etfs/
Control Number: GRS002357
RISK FACTORS AND IMPORTANT DISCLOSURE
This material must be preceded or accompanied by a Prospectus. Carefully consider the Fund’s investment objectives risk factors, charges and expenses before investing. Please read the prospectus before investing.
The Fund is not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged and inverse (2X, 1.25x & -2X) investment results, understand the risks associated with the use of leverage and inverse and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.
The Fund seeks daily leveraged investment results and are intended to be used as short-term trading vehicles. This Fund attempts to provide daily investment results that correspond to the respective long leveraged and inverse multiple of the performance of its underlying stock (a leverage and inverse Fund).
Investors should note that such Leverage Long and Inverse Fund pursues daily leveraged investment objectives, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of its underlying stock. The volatility of the underlying security may affect a Funds return as much as, or more than, the return of the underlying security.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200%, 125% and -200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock's performance increases over a period longer than a single day.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
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