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 11:39 PM ET, Tuesday, October 6, 2026

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.

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

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.
Kenji Moonfield · Internet & Trends CorrespondentLola, how bad is it?
Lola Cruz · Senior Field CorrespondentKenji, I've covered wars, and this is a quiet kind of carnage.
Lola Cruz · Senior Field CorrespondentBloomberg says one point seven billion dollars, gone, from retail traders using leveraged funds.
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.
Lola Cruz · Senior Field CorrespondentSir! Sir! Over here! BBN! Do you have a leveraged fund, and how are you feeling right now?
Min-junI am Min-jun, a fictional night-shift noodle cook. My cousin bought triple leverage because the chart looked confident. The chart lied.
Lola Cruz · Senior Field CorrespondentConfident charts. Hold on, did he read the fine print on these things? Be honest with me.
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.
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.
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.
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.