DRAM ETF Inflows Jump Despite Micron, Sandisk, Seagate Slump

TheRoundhill Memory ETF(CBOE: DRAM) has slumped and moved into a technical bear market as concerns about the memory industry continued. It ended the week at $52.7, down by over 35% from its highest point in June.

DRAM ETF Inflows are Rising

Americans are still buying the ETF despite the ongoing volatility in the industry. Data shows the fund has had net inflows of over $10 billion in the last 30 days and $2.5 billion in the last five. The fund has had over $23 billion in assets in the last three months.

DRAM ETF inflows | Source: ETFdb

This week's inflows were notable as...