Senior ETF Analyst for @Bloomberg. Dad. Rutgers grad. Gen X-er. Author of "The Institutional ETF Toolbox" & "The Bogle Effect.” Co-host of Trillions & ETF IQ.
FASTEST-EVER: $DRAM hit $6.5b in 36 days on the market, faster than any other ETF, incl the Mighty IBIT who took 43 days to hit that mark. Thanks in part to going up 13% on Fri alone and taking in (another) $1b in flows. I'm stunned, frankly. Regardless of what happens from here this was one of the most heads-up, best timed ETF launches I've ever seen.