Elena Nikulina

DRAM records $1.1 billion in ETF flows, Eric Balchunas notes

DRAM records $1.1 billion in ETF flows, Eric Balchunas notes
DRAM takes third place in ETF flows

Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, reports that DRAM achieved the third highest overall ETF flows yesterday, capturing $1.1 billion.

According to Eric Balchunas, this notable performance put DRAM alongside major funds such as VOO and SPY, and he compared it to a standout moment by VJ Edgecombe in basketball.

Balchunas recently reported that Roundhill postponed the effective date for its proposed prediction market ETFs to May 11, marking a delay in the launch process according to a past article. In a separate update, he noted that the U.S. economy grew 2 percent in the first quarter, driven by business investment and consumer spending as previously reported. These developments highlight the range of market events tracked by Balchunas.

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