RDRAM: What the Tokenized Memory ETF Token Is

RDRAM is a tokenized asset associated with the Roundhill Memory ETF, an actively managed fund focused on companies involved in memory and data storage. It is not a standalone blockchain network or a general-purpose cryptocurrency. The ETF’s investment theme includes businesses tied to high-bandwidth memory (HBM), DRAM, NAND flash, solid-state drives, hard drives, embedded memory and related technologies.

The fund’s theme connects memory demand with areas such as AI data centers, computing workloads and storage capacity. Owning RDRAM may provide market exposure associated with that fund, but the token’s name alone does not establish that holders directly own ETF shares or have shareholder rights. Those rights, along with any redemption or transfer terms, depend on the token’s issuer and governing documents. Check those details before treating RDRAM as equivalent to a conventional ETF share.

The underlying ETF concentrates on the memory and storage part of the semiconductor industry. Its holdings are intended to include businesses whose revenue or profits relate to products such as HBM, DRAM, NAND, SSDs, NOR flash and hard drives. This gives RDRAM a narrower investment theme than a broad stock-market fund: its value can be affected by demand for memory, chip production capacity, pricing cycles and company-specific results.

Interest in AI computing can influence the sector, since data centers and other computing systems require memory and storage. That does not mean the ETF, or RDRAM, is a direct investment in AI software or a guaranteed beneficiary of AI growth. Semiconductor markets can move through cycles, and a focused basket can be more exposed to downturns or supply changes than a diversified fund. Regional exposure and currency movements may also affect the ETF’s performance.

RDRAM is listed as issued on both Arbitrum and Ethereum. the public information available do not identify either network as its native chain, nor do they establish whether the versions on each network can be transferred between one another. Check the specific network and token contract before sending funds; assets sent to an unsupported network or address may be difficult or impossible to recover.

As a tokenized asset, RDRAM may be transferable or tradable through platforms that support it, but public sources do not confirm particular trading, collateral, redemption or governance features. Do not assume that holding the token gives you the same rights as holding the ETF through a brokerage account. Review the issuer’s documentation for how the token relates to the fund, what restrictions apply, and whether any process exists for exchanging tokens for underlying shares or other assets.

As of 2026-11-05, RDRAM’s reported circulating and total supply were both about 29,948.3 tokens; no maximum supply was stated. Its reported price was about $42.45, with a market capitalization and fully diluted valuation of about $1.3 million. These are point-in-time figures, not fixed values, and token prices, supply and trading activity can change. The reported all-time high was $63.86 on 2026-09-23, while the reported all-time low was $42.45 on 2026-11-05.

Market data for a tokenized asset may differ across platforms, and trading can be thin or uneven. A quoted price does not by itself show whether the token can be redeemed for ETF shares or whether its market price closely tracks the fund. Treat figures as context rather than a promise of value, and avoid relying on outdated supply or price information when assessing the asset.

RDRAM carries risks from both the underlying investment theme and its tokenized form. A focused memory-sector fund can be affected by semiconductor cycles, changing chip prices, competition, production constraints, regional markets and currency movements. Its value may fall, including when demand for memory weakens or companies in the sector perform poorly. The token can also face liquidity, platform, custody, smart-contract and network risks. Tokenization does not remove the possibility of loss.

For storage, use a wallet that supports the correct token and network, and keep recovery credentials private and secure. Confirm the contract address and network through official issuer materials before depositing or transferring tokens. A mistaken transfer, compromised wallet or unavailable platform may lead to losses. Consider the token’s legal and redemption terms, and do not assume that a wallet balance represents direct ownership of ETF shares. This is educational information, not a recommendation to buy or sell.