On the 6th local time, Gaza government media office said at a Deir al-Balah press conference that Mohammed Farah has formally tendered his resignation and the Gaza wartime emergency management body has been formally dissolved. The office said preparations to fully transfer Gaza’s administrative and civil management authority to a Palestinian technocratic committee have been completed.

SK Hynix single-stock leveraged ETFs hold roughly $19bn in assets, more than four times the stock's ADV. Samsung-related leveraged ETFs hold about $12.4bn, roughly 176% above their ADV. By contrast, leveraged ETF assets for Micron, Tesla and NVIDIA are well below those names' ADV. The concentration of leverage in the Korean market is unique among major global stocks. Large pools of single-stock leverage mean SK Hynix price moves could trigger forced liquidations and margin calls that amplify selling. Hong Kong-listed 2x long SK Hynix ETFs hold about $13bn—roughly twice SK Hynix ADV—and could accelerate declines if trends reverse. Some Korean retail traders are active in both crypto and equities, creating potential cross-market leverage transmission. SK Hynix plans a U.S. listing next week at an implied $29bn valuation, which may attract flows but increases vulnerability in a high-leverage environment. Market sentiment is neutral-to-weak; funding rates show bearishness easing but no clear bullish consensus. The leverage structure in Korean chip names may be the most underpriced tail risk currently.

Global Chip LOF will suspend on‑exchange trading from the open of the afternoon session on July 6, 2026 through that day's close; fund redemptions will be processed normally during the suspension.