📢 Flash
KORUB surged nearly 18% over the past 24 hours, pushing its market cap to $22.65 million.
On October 19, market quotes data showed that KORUB (South Korea Bull 3X ETF) rose nearly 18% within 24 hours, with a market cap of 22.65 million US dollars and 24-hour trading volume of 53.11 million US dollars. As a tokenized bStocks, KORUB enables users to gain economic exposure to the South Korea Bull 3X ETF; the issuer holds the corresponding underlying shares with a regulated broker-dealer in the United States, and each token is fully backed by these shares. South Korean stock market recently experienced a plunge. On October 16, the South Korean Ministry of Finance responded that it will closely monitor whether stock market volatility spreads to the bond, foreign exchange, and money markets, and the government and relevant agencies will strengthen stock market monitoring and strictly respond to any behavior that disrupts market order. The statement also said that strong economic growth expectations, a current account surplus, and improving corporate earnings mean that the fundamentals of the South Korean stock market remain solid.