The rise of memecoin-based exchange-traded funds (ETFs) is gaining momentum, supported by new leadership at the US Securities and Exchange Commission. The crypto sector has seen a surge in ETF filings related to memecoins following the launch of the Trump family's memecoins, which have drawn significant retail interest. With new SEC leadership from Mark Uyeda succeeding Gary Gensler, industry experts believe the approval of TRUMP, DOGE, and BONK ETFs is now more probable. Dmitrij Radin from Zekret highlights this as an opportunity for greater liquidity and mainstream acceptance, but also warns of the volatility associated with these tokens. Although the TRUMP token gained over 200,000 new users shortly after its launch, it experienced a notable price decline, dropping over 14% recently. The potential for a memecoin ETF might attract more institutional investment yet remains risky due to the speculative nature of these assets. Radin emphasizes that investing should be seen as a gamble for those hoping to capitalize on speculative rises, reminiscent of events in the GameStop saga.

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