The Kobeissi Letter said in a post on X that the U.S. memory chip ETF DRAM has continued to attract investor money even as its market price moved sharply lower. Over the past two months, the fund’s assets under management rose 20% to a record $28 billion, while the ETF itself fell 28% during the same period. Despite that drop, DRAM still posted roughly $12 billion in net inflows and extended its streak to eight straight weeks of inflows. The post also said that since its launch on April 2, DRAM has taken in a cumulative $27 billion and its price has climbed 98% overall. In a related data point, the 2x leveraged long memory chip ETF RAM has attracted about $893 million in cumulative inflows since its debut on June 24.
Odaily reported that The Kobeissi Letter said in a post on X that the U.S. memory chip ETF DRAM has seen its assets under management rise 20% over the past two months to a record $28 billion.
Over the same stretch, the fund’s price fell 28%, yet it still recorded about $12 billion in net inflows and logged inflows for eight consecutive weeks.
Since launching on April 2, DRAM has brought in $27 billion in cumulative inflows, while its price has gained 98% in total.
The post also said that RAM, a 2x leveraged long memory chip ETF, has attracted about $893 million in cumulative inflows since its launch on June 24.
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