iShares Korea ETF closes at $125.74, Hyperliquid's Cash:EWY exceeds 4.4% premium during U.S. market closure

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On March 6, ETF outflows drove the iShares Korea ETF (EWY) down 6.42% to $125.74, according to ChainThink. During the U.S. market closure, the cash:EWY contract on Hyperliquid rose to $131.1, reflecting a 4.4% premium. With less than an hour until the U.S. pre-market opens, premiums typically narrow to align with spot prices after the market opens.

ChainThink news, on March 6, according to monitoring by Hyperinsight, iShares Korea ETF (EWY) closed today down 6.42% at $125.74. However, during U.S. market hours, the cash:EWY (EWY mapped contract) on Hyperliquid continued to rebound, trading at $131.10, a premium of over 4.4% above the ETF's closing price.


Less than one hour remains until the pre-market trading session for U.S. stocks opens. Typically, a higher contract premium tends to converge toward the spot price after the market opens.

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