South Korean investors are borrowing more than ever to buy stocks.
Margin loans hit a record ~$26 billion — doubling since early 2025.
But as a share of Korea’s free float, they’ve dropped to ~0.8%, the lowest since the 2020 pandemic low.
Market cap has grown way fas
Day's wildest stat:
The 2x long memory fund $RAM hit ~$380M in notional volume on its first day Wednesday—biggest debut ever for a US-listed leveraged or inverse ETF.
It follows the memory ETF $DRAM and aims for 200% of its daily return.
That beats the old record from