Is the market ready for a memecoin ETF?🔸🔸🔸✨✨🔸🔸🔸
🦊🐸🐶$SHIB
The launch of a memecoin fund is one of the major milestones in the sector. In fact, the mere mention of that possibility was outright dismissed until recently. However, the new SEC directive could remove the biggest barriers for large companies to be encouraged to offer stock products based on these tokens.
But this would only be the first barrier for these assets. The second major mountain they must climb is acceptance by Wall Street capital. For large portfolios, accepting Bitcoin ETFs has been a challenge due to years of negative propaganda against that currency.
In the case of memecoins, it would be even more complicated due to the risks of this sector. Consequently, large Wall Street capital may not be willing to invest in products with this level of price instability. Nevertheless, this does not discourage sector enthusiasts, who maintain hopes of seeing their favorite tokens featured in stock products.
Although Balchunas does not rule out 2026 as a tentative date for a spot memecoin ETF, others are not so optimistic. According to expert Dave Nadig, the agency could significantly delay applications for funds based on these assets. This would be the most natural course of action, considering that the SEC would be navigating unknown waters where it cannot afford to make mistakes.