Bloomberg Analyst: DRAM ETF Nears $10 Billion AUM, Poised to Set Fastest Record

Odaily Planet Daily News: Bloomberg Senior ETF Analyst Eric Balchunas posted on platform X that the $DRAM ETF has reached $9.98 billion in assets under management. If rounded up to $10 billion, it would become the fastest ETF product in history to break this milestone, taking only about 43 days.

Eric Balchunas cited data indicating that this product has set one of the fastest records in ETF history to reach $10 billion in AUM, far outpacing the capital accumulation speed of previous similar products. However, he also noted that due to significant market volatility on the day, the net asset value may experience a short-term decline, and the AUM figure could decrease as the market adjusts.