Investors withdrew over $1.97 billion from the Roundhill Memory ETF (DRAM) in the last 30 days. The fund recorded 14 consecutive days of outflows. Total assets under management for the ETF fell to $26.9 billion.
The capital flight follows a broader downturn in the memory chip sector. Key holdings including Samsung Electronics and SK Hynix entered bear markets with declines exceeding 20% from annual peaks.
Concerns regarding a slowdown in artificial intelligence development fueled the sector's weakness. AI remains a primary driver of demand for memory products.