“Meme stocks started as a rebellion but have grown into a revolution,” Dave Mazza, CEO of Roundhill Investments, said in a press release.<\/a> “With MEME, we offer investors a tool to capture that power through an actively managed ETF that can rotate quickly into the stocks dominating the conversation today.”<\/p>\n Its previous run offers a cautionary tale. The ETF went live in early December of that year, just as the Nasdaq Composite<\/a> was hitting a peak. From the ETF’s 2021 launch to the announcement of its closure<\/a> in late 2023, the Nasdaq tumbled nearly 10%. The broad S&P 500<\/a> shed more than 3% in that timeframe.<\/p>\n Stock Chart IconStock chart icon Nasdaq Composite, 5 years<\/p>\n Well-known meme stocks fared much worse. GameStop<\/a> plunged around 69% in that period, while AMC<\/a> cratered by more than 96% in the nearly two-year span.<\/p>\n “Meme stocks were a large part of the exuberant sentiment in the 2020-2021 market, ultimately leading to a cyclical peak,” Jonathan Krinsky, BTIG’s chief market technician, in a Wednesday note to clients that pointed out the irony of the relaunch.<\/p>\n Stock Chart IconStock chart icon AMC and GameStop, 5 years<\/p>\n Krisnky added that the meme fund launching was an indicator of market froth “reaching fever pitch.” Roundhill’s relaunch can be taken as “another sign of some exuberance,” he warned.<\/p>\n To be sure, the new iteration of the fund reflects the new generation of meme stocks. During the Covid meme stock craze, Reddit user “Roaring Kitty”<\/a> and followers of the WallStreetBets forum led stock squeezes of GameStop and AMC, among other names.<\/p>\n In today’s fund, Opendoor Technologies<\/a> is the largest holding with a weight of more than nearly 12%, according to Roundhill data as of Wednesday. The stock \u2014 which finished last year below $2 a share \u2014 has skyrocketed 430% this year amid attention<\/a> from hedge fund manager Eric Jackson.<\/p>\n The Meme ETF’s biggest holdings<\/p>\n Source: Roundhill, as of 10\/8\/2025<\/p>\n Multiple quantum computing stocks, which have also seen huge swings this year, are also among the ETF’s largest holdings. QuantumScape<\/a> accounts for more than 8% of its weight, while Rigetti Computing<\/a> and Quantum Computing<\/a> Inc each make up more than 4%.<\/p>\n The ETF fell 1.8% in its first session back on Wednesday. By comparison, the S&P 500<\/a> and Nasdaq both rose to all-time highs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Roundhill Investments resurrected an exchange-traded fund focused on meme stocks on Wednesday, aiming to give everyday investors a…\n","protected":false},"author":3,"featured_media":287469,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[82395,78104,7789,133,64,81,62732,56750,3346,135,143,59499,147859,9388,147860,25906,147855,145,134,67,132,68],"class_list":{"0":"post-287468","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-amc-entertainment-holdings-inc","9":"tag-amc-networks-inc","10":"tag-breaking-news-investing","11":"tag-breaking-news-markets","12":"tag-business","13":"tag-business-news","14":"tag-exchange-traded-funds","15":"tag-gamestop-corp","16":"tag-investment-strategy","17":"tag-markets","18":"tag-nasdaq-composite","19":"tag-opendoor-technologies-inc","20":"tag-plug-power-inc","21":"tag-quantum-computing-inc","22":"tag-quantumscape-corp","23":"tag-rigetti-computing-inc","24":"tag-roundhill-meme-stock-etf","25":"tag-sp-500-index","26":"tag-stock-markets","27":"tag-united-states","28":"tag-unitedstates","29":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115340578886678548","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/287468","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=287468"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/287468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/287469"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=287468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=287468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=287468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"hide](\"https:\/\/static-redesign.cnbcfm.com\/dist\/a54b41835a8b60db28c2.svg\")
<\/p>\n<\/p>\nTicker Stock Weight (%) <\/tr>\n \n Opendoor Technologies<\/td>\n OPEN<\/td>\n 11.9<\/td>\n<\/tr>\n \n Plug Power<\/td>\n PLUG<\/td>\n 10.7<\/td>\n<\/tr>\n \n Applied Digital<\/td>\n APLD<\/td>\n 8.7<\/td>\n<\/tr>\n \n QuantumScape<\/td>\n QS<\/td>\n 8.3<\/td>\n<\/tr>\n \n Cipher Mining<\/td>\n CIFR<\/td>\n 7.3<\/td>\n<\/tr>\n