Binance Launches Leveraged South Korea ETF Futures

Binance has expanded its derivatives offerings with the introduction of the EWYUSDT Index Perpetual Contract, providing traders with a leveraged exposure to the iShares MSCI South Korea ETF.

The contract is USDS-margined and tracks the performance of the EWY ETF, which follows large and mid-cap South Korean companies. This allows users to manage positions outside traditional equity market hours, thanks to the perpetual nature of the contract.

The launch of this product also highlights the growing trend of tokenized stocks on cryptocurrency platforms, with over $1 billion in on-chain value. By creating a derivatives market that mirrors the performance of the ETF, Binance is offering traders a way to amplify their exposure without directly holding the underlying assets.