BREAKING: The Memory ETF, DRAM, has posted -$2.0 billion in outflows so far in October, putting the fund on track for its largest monthly withdrawal since launching on April 2nd. This would also mark its 3rd consecutive monthly outflow, following -$1.6 billion in September and -$400 million in August. Last week alone, DRAM saw -$105 million in outflows, its 9th consecutive weekly withdrawal. As a result, the fund is down -23% month-to-date, trading near its lowest level since early May. Yet, DRAM is still up +70% since inception, after recording a +190% gain in mid-June. Meanwhile, the 2x leveraged long Memory ETF, RAM, is down -66% since its June 24th debut. The memory chip trade has seen a major pullback.