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Bloomberg Analyst: Pure in-memory chip ETF DRAM surpasses $6.5 billion in just 36 days, breaking IBIT record
Deep Tide TechFlow news: On May 11, Bloomberg senior ETF analyst Eric Balchunas posted on X, disclosing that the DRAM exchange-traded fund (DRAM, launched by Roundhill as the Roundhill Memory ETF) was listed for only 36 days, and its assets under management (AUM) surpassed $6.5 billion, setting a new record for the fastest ETF in history—surpassing the 43-day record previously held by BlackRock’s Bitcoin spot ETF IBIT. DRAM rose 13% on a single day last Friday, and again attracted about $1 billion in inflows, which is an important driver of its rapid scale expansion. Eric Balchunas said the performance was “shocking” and noted that, regardless of how things play out afterward, it is one of the ETF launch cases with the “most precise” timing.