"High likelihood of Meme Coin Active ETF Launch Next Year"

An argument has been made that there is a high likelihood of a meme coin active exchange-traded fund (ETF) being launched next year.

On the 9th (local time), Eric Balchunas, Bloomberg ETF analyst, stated on X (formerly Twitter), "It is expected that various crypto active ETFs will be launched by the end of this year," and added, "The launch of a Meme Coin Active ETF is likely to occur next year." He further explained, "The meme coin market is characterized by high volatility in returns and significant information asymmetry, making it a highly suitable asset for active ETFs."

He also noted, "The key issue is the criteria for how far meme coins will be permitted," and added, "Dogecoin's Securities Act of 1933 registration application will provide important insights."

Meanwhile, in the United States, in order to publicly offer new securities to general investors, the registration process with the United States Securities and Exchange Commission (SEC) under the relevant law must be followed.