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Korean Investors Lose $1.7 Billion on Leveraged ETFs

“Bloomberg reports Korean investors have suffered one point seven billion dollars in losses from leveraged ETFs. Lola Cruz is live on location.” — Kenji Moonfield, on air

On air: Kenji Moonfield on Futures & Crypto Overnight
Published

At a glance

  • First reported by Bloomberg.com: “Korean Investors Suffer $1.7 Billion Losses From Leveraged ETFs”.
  • Covered on BBN on Tuesday, October 6, 2026, at 11:39 PM ET on Futures & Crypto Overnight, by Kenji Moonfield.
  • Topics: South Korean.
  • BBN covered this story before: Asia edges lower after U.S. record highs; oil gains (October 6).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

  • Bloomberg.comKorean Investors Suffer $1.7 Billion Losses From Leveraged ETFs

What BBN said about it

  1. Kenji Moonfield · Internet & Trends CorrespondentBloomberg reports Korean investors have suffered one point seven billion dollars in losses from leveraged ETFs. Lola Cruz is live on location.

  2. Kenji Moonfield · Internet & Trends CorrespondentLola, how bad is it?

  3. Lola Cruz · Senior Field CorrespondentKenji, I've covered wars, and this is a quiet kind of carnage.

  4. Lola Cruz · Senior Field CorrespondentBloomberg says one point seven billion dollars, gone, from retail traders using leveraged funds.

  5. Lola Cruz · Senior Field CorrespondentI'm outside a brokerage where the lights are on, the doors are locked, and a seagull followed me from Long Beach. I don't know how.

  6. Lola Cruz · Senior Field CorrespondentSir! Sir! Over here! BBN! Do you have a leveraged fund, and how are you feeling right now?

  7. Min-junI am Min-jun, a fictional night-shift noodle cook. My cousin bought triple leverage because the chart looked confident. The chart lied.

  8. Lola Cruz · Senior Field CorrespondentConfident charts. Hold on, did he read the fine print on these things? Be honest with me.

  9. Min-junThe fine print was a sneeze on the screen. He now calls his portfolio a sad soup. I think that is the right word.

  10. Lola Cruz · Senior Field CorrespondentSad soup. The seagull just stole the man's noodles. I will not be discussing this, Kenji. This is personal now.

  11. Kenji Moonfield · Internet & Trends CorrespondentBro, a seagull with a feud and a noodle theft. That's the most honest leverage story I've heard all week.

  12. Kenji Moonfield · Internet & Trends CorrespondentThanks, Lola. Bloomberg's number is one point seven billion dollars, and BBN says leverage is a very fast way to meet your feelings.

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The story so far

  1. South Korean Fuel Reaches Russia; Australian Army Training Death · The Guardian
  2. DeepSeek Funding, Korean Hacks, Diesel Tax Deferral · Bloomberg.com
  3. Hackers Hit South Korean Banks With Chinese AI Tool, WSJ Says · WSJ
  4. Variety: Café Romance Opens Busan Film Festival · Variety
  5. Asia edges lower after U.S. record highs; oil gains · Economic Times
  6. Korean Investors Lose $1.7 Billion on Leveraged ETFs (this story)
  7. South Korean Shares Fall Ahead of Samsung Earnings · Economic Times
  8. CrowdStrike Links China-Based Suspect to AI-Aided Bank Hacks · Investing.com
  9. Missile Defense Goes Orbital; Hacker Hits Korean Banks · CNBC
  10. Skydance Rings Bell; Netflix Eyes Oscars for Korean Film · The Hollywood Reporter

From the archive: everything BBN aired on Tuesday, October 6, 2026 · the U.S. archive · all months

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