Roundhill LYTE ETF reaches $72 million in first-day trading volume

iconKuCoinFlash
Share
AI summary iconSummary
Roundhill’s LYTE ETF recorded $72 million in trading volume on its first day, surpassing DRAM’s debut. The ETF tracks 10 stocks with a 65-basis-point expense ratio. ETF inflows were robust as investors focused on the photonic module sector. Top holdings include Lumentum (15.42%), Coherent (15.23%), Eoptolink (14.59%), and CCG (14.22%).

Odaily Planet Daily reports: Eric Balchunas, Bloomberg ETF analyst, posted on X that Roundhill’s new photonic module ETF, LYTE, recorded $72 million in trading volume on its first day, surpassing the debut volume of the DRAM ETF. The ETF tracks only 10 stocks with an expense ratio of 65 basis points.

According to the official website, the ETF's primary holdings include Lumentum Holdings (15.42%), Coherent Corp (15.23%), Eoptolink Technology (14.59%), and InnoLight Technology (14.22%).

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.