Bloomberg Analyst: DRAM ETF nears $10 billions in assets, possibly setting a record for fastest growth
Odaily reports that Bloomberg Senior ETF Analyst Eric Balchunas posted on X, stating that the $DRAM ETF's asset size has reached $9.98 billion. If rounded to $10 billion, it would become the fastest ETF in history to break this scale, taking only about 43 days.
Eric Balchunas cited data showing that this product set one of the fastest records ever for reaching a $10 billion scale in ETF history, far surpassing the capital accumulation rate of similar products in the past. However, he also pointed out that due to considerable market volatility on the day, the net asset value may temporarily fall back, and the AUM figure could decrease with market adjustments.
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.
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