Bloomberg Analyst: DRAM ETF Approaches $10 Billion in AUM, Fastest-Growing ETF in History

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Bloomberg senior ETF analyst Eric Balchunas reported that the $DRAM ETF has attracted massive inflows, reaching $9.98 billion in AUM. If rounded to $10 billion, it would be the fastest-growing ETF in history, hitting the milestone in 43 days. Balchunas noted that while ETF inflows have been record-breaking, market volatility could lead to outflows, causing AUM to decline during market corrections.

Odaily Planet Daily reports: Eric Balchunas, Senior ETF Analyst at Bloomberg, posted on X that the $DRAM ETF's assets under management have reached $9.98 billion; rounded to $10 billion, it would become the fastest ETF in history to surpass this milestone, achieving it in just about 43 days.

Eric Balchunas cited data showing that the product has set one of the fastest records in ETF history for reaching $10 billion in assets, 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 temporarily decline, and AUM figures could adjust downward with market movements.

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