Korean investors are borrowing more than ever to buy stocks.
Margin loans hit a record ~$26 billion — double since the start of 2025.
But as a share of Korea's free float, they're down to ~0.8%, the lowest since 2020.
Why? Market cap grew way faster than borrowing.
Crazy stat:
The 2x leveraged long memory ETF ($RAM) saw ~$380 million in notional volume on its first day Wednesday — the biggest debut ever for a US-listed leveraged or inverse ETF.
It tracks $DRAM and aims for 200% daily returns.
That beats the old record set by t