Micron earnings are set to send the market on a wild ride — and a new ETF may add to the volatility
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- A new ETF seeking to leverage Micron's volatility has emerged – right in the nick of time
- The Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of DRAM that began trading at around $24 per share.
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A new ETF seeking to leverage Micron's volatility has emerged – right in the nick of time
After the massive success of the Roundhill Memory ETF (DRAM) – a fund that's gathered more than $22 billion in less than three months and has more than doubled in value since its April debut – asset manager Roundhill Investments, alongside REX Shares and Tuttle Capital Management, launched a new offering on Wednesday. The Roundhill T-REX 2X Long DRAM Daily Target ETF (RAM) is a 2x levered version of DRAM that began trading at around $24 per share.