SOL US Next Tech TOP10 Active ETF Sees 16.6 Billion Won Net Purchases by Individuals on First Day of Listing

Shinhan Asset Management announced on October 29 that the 'SOL US Next Tech TOP10 Active ETF' recorded a one-day return of 3.85% on its first day of listing.

Driven by purchases from individual investors, the initial listing volume of 10 billion won was fully sold out within the first hour of trading. The net purchase amount through general accounts reached 16.6 billion won, and when including pension accounts, the figure totaled approximately 20 billion won.

Kim Junghyun, Head of the ETF Business at Shinhan Asset Management, explained, "As the high-level talks between the US and China concluded smoothly over the past weekend, expectations for easing trade tensions have grown, and all three major US stock indices hit record highs."

He added, "Among the stocks included in the SOL US Next Tech TOP10 Active ETF, Lumentum Holdings, AST SpaceMobile, and D-Wave Quantum each contributed to the ETF's performance, driven by factors such as upgraded investment ratings, upcoming earnings announcements, and expectations of stake acquisitions by the Trump administration."

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