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Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, highlights the remarkable trading activity in DRAM. According to Balchunas, DRAM recorded more trading volume in a single day than major stocks like Wal-Mart, Chevron, Robinhood, and Boeing, with $2.2 billion in volume. The asset's volume is up 75% in a month, and assets under management have reached $3.7 billion. Balchunas describes the surge as 'absurd' and suggests the trend may not continue indefinitely.
Balchunas has recently commented on other launches in the ETF space. He reported that the Corgi Growth and Tech Buffer ETF recorded $5 million in trading volume on its first day. In a separate analysis, he argued that the Sell in May trading strategy may be less relevant for S&P 500 ETFs in modern markets. These observations follow ongoing shifts in ETF trading and investor behavior.