Korean ETF closed sharply lower at $125.7, while during the market closure, the premium for the same contract on Hyperliquid exceeded 4.4%.
BlockBeats News, March 6, according to monitoring data, iShares Korea ETF (EWY) closed down 6.42% today at $125.74. However, during the US stock market closure, cash:EWY (EWY mapping contract) continued to rebound and is currently quoted at $131.1, representing a premium of over 4.4% compared to the ETF closing price.
There is less than one hour until the US pre-market trading opens. Typically, a high contract premium will gradually converge to the spot price after the market opens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-Newsmax shares rise due to unexpected third-quarter profitability
NZD/USD Price Forecast: Bears gain momentum to test 19-month lows at 0.5527
BUZZ-Palo Alto Networks shares rise as KeyBanc upgrades rating
Chart - U.S. stock funds attract inflows for the second consecutive week
Crypto prices
More
