Pure memory chip ETF DRAM breaks IBIT record, asset management scale surpasses $6.5 billion in 36 days
Odaily reported that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, stating that the pure memory chip exchange-traded fund DRAM (launched by Roundhill as the Roundhill Memory ETF) reached an assets under management (AUM) of $6.5 billion just 36 days after launching, breaking the all-time fastest ETF record. This surpasses the previous record held by BlackRock Bitcoin spot ETF IBIT, which was 43 days.
Eric Balchunas noted that DRAM rose 13% in a single day last Friday and attracted about $1 billion in capital inflows, which has been a key driver of its rapid growth in scale. He described this performance as “shocking” and called it one of the most “precisely timed” ETF launches ever, regardless of future trends.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pons: $20.93 million has been paid to token creators over the past 47 days
XRP’s Crazy August Is Almost Over – September Could Be Even Bigger
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
Crypto prices
More
