tech
The hottest ETF since bitcoin-mania just added $1 billion in a day
Roundhill Investment's Memory ETF (DRAM) tracking the red-hot memory sector has raised more than $5 billion since its April 2 launch.
TL;DR
- The Roundhill Memory ETF (DRAM) has raised over $5 billion since its launch on April 2.
- The ETF experienced a $1.1 billion inflow on a single day (Thursday).
- Memory chips are identified as a critical bottleneck for AI development, with a projected multi-year shortage.
- DRAM has seen 23 consecutive days of inflows, coinciding with a 70% rally in its price.
- Top holdings like Micron and Sandisk have set daily records.
- Options traders are actively trading DRAM, with calls significantly outnumbering puts.
- The ETF provides U.S. investors access to major South Korean memory companies like SK Hynix and Samsung Electronics.