Sunday, July 13, 2025
No Result
View All Result
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
Crypto Marketcap
Blockchain Broadcast
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert
No Result
View All Result
Blockchain Broadcast
No Result
View All Result

Memecoin ETF proposals raise eyebrows in serious investment circles

January 29, 2025
in Ethereum
Reading Time: 3 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on Twitter


The ETF Retailer president Nate Geraci believes that memecoins would take “questionable investments packaged into exchange-traded funds (ETFs)” to a completely new stage.

In a Monetary Instances article, he highlighted the historic development of memecoins shedding worth, including that the optics of providing memecoin ETFs might be detrimental to a agency that needs to be taken severely by Wall Road.

On Jan. 21, Rex Shares and Osprey filed for seven completely different ETFs, three of that are primarily based on the memecoins Official Trump (TRUMP), Dogecoin (DOGE), and Bonk (BONK). Moreover, Bitwise filed for a DOGE-based belief on Jan. 22, suggesting the creation of an ETF.

Bryan Armour, director of passive methods analysis at Morningstar, prompt that issuers could capitalize on a shift within the regulatory setting beneath the President Donald Trump administration.

He mentioned:

“They’re benefiting from Trump’s marketing campaign guarantees, the altering of the guard on the SEC, and the expectation of much less scrutiny from regulators.”

Armour famous that memecoins lack the established futures markets that supported the approval of spot Bitcoin (BTC) and Ethereum (ETH) ETFs, creating uncertainty round whether or not the US Securities and Alternate Fee (SEC) would approve such merchandise.

In consequence, Armour believes that these issuers are “shopping for a small name choice” on the potential approval. They do not know if the SEC will give the inexperienced mild however wish to be among the many first batch in case it does.

Bitwise CIO Matt Hougan lately acknowledged the shifting regulatory panorama and echoed the sentiment. He added:

“There was a significant shift within the regulatory local weather within the US and the perspective to crypto with the brand new administration coming in. We have now seen quite a lot of filings from quite a lot of issuers with quite a lot of concepts and I feel that may proceed.”

Hougan additionally highlighted that the SEC stays a “very severe company” with limits to political affect, because the Commissioners can’t fully bend the regulator to their will.

Notably, the meme coin filings might be issuers testing how open the brand new SEC administration shall be towards the business. The SEC’s appearing chair Mark Uyeda and its incoming everlasting chair Paul Atkins are each pro-crypto, which has induced heightened optimism within the business. 

In the meantime, pro-crypto Commissioner Mark Uyeda is the appearing chair. His first transfer was to create a process drive to assist develop a regulatory framework for crypto within the US.

A authentic funding

Regardless of the uncertainty, Hougan defended the legitimacy of memecoins as funding property, calling them “totemic artifacts of the rising crypto tradition.” 

He additionally in contrast different area of interest investments, equivalent to baseball playing cards or excessive artwork, emphasizing that the type of the asset doesn’t diminish its potential worth.

Furthermore, Hougan used Bitwise’s Dogecoin-related submitting to argue that its liquidity and market measurement justify its inclusion in an ETF. 

“Dogecoin is the sixth-largest crypto asset on the planet by market cap and trades over $1 billion a day.”

Critics fear that wrapping memecoins in ETFs may lend undue legitimacy to inherently speculative property, attracting uninformed buyers. 

Nonetheless, Hougan countered that the SEC operates as a non-merit-based regulator and has beforehand authorized ETFs for dangerous property equivalent to junk bonds and area of interest commodities.

Whereas Hougan emphasised that not all cryptocurrencies are appropriate for ETFs, he maintained that every token ought to be assessed individually.

Talked about on this article

Blocscale



Source link

Tags: CirclesETFeyebrowsInvestmentMemecoinProposalsRaise
Previous Post

3 best AI altcoins under $1 that could deliver huge returns in early 2025

Next Post

Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2

Related Posts

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’
Ethereum

Crypto Founder Pushes Ethereum As ‘World Reserve Asset’

July 13, 2025
Ethereum Adoption Grows: GameSquare Invests  Million In ETH As Part Of Treasury Strategy
Ethereum

Ethereum Adoption Grows: GameSquare Invests $5 Million In ETH As Part Of Treasury Strategy

July 12, 2025
NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes
Ethereum

NFT-related tokens soar in Q2, with PENGU leading despite decline in trading volumes

July 12, 2025
Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%
Ethereum

Altcoins roar as Bitcoin hits new all-time highs, Cardano and XRP surge over 10%

July 13, 2025
Robinhood launches ETH, SOL staking services for US users with  minimum
Ethereum

Robinhood launches ETH, SOL staking services for US users with $1 minimum

July 11, 2025
Rising Bets On Ethereum: Futures Open Interest Jumps To Fresh Multi-Month High
Ethereum

Rising Bets On Ethereum: Futures Open Interest Jumps To Fresh Multi-Month High

July 11, 2025
Next Post
Dogecoin Still In Play As Price Gears Up For Another 600% Run Above

Dogecoin Still In Play As Price Gears Up For Another 600% Run Above $2

Dogecoin price analysis: DOGE investor explains why they sold DOGE at alt=

Dogecoin price analysis: DOGE investor explains why they sold DOGE at $0.07 to buy WallitIQ at $0.04

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Instagram Youtube RSS
Blockchain Broadcast

Blockchain Broadcast delivers the latest cryptocurrency news, expert analysis, and in-depth articles. Stay updated on blockchain trends, market insights, and industry innovations with us.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3
No Result
View All Result

SITEMAP

  • About Us
  • Advertise With Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$118,147.000.48%
  • ethereumEthereum(ETH)$2,969.781.03%
  • rippleXRP(XRP)$2.801.14%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$692.320.67%
  • solanaSolana(SOL)$162.111.17%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1995500.80%
  • tronTRON(TRX)$0.3026150.35%
  • staked-etherLido Staked Ether(STETH)$2,968.751.27%
No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • NFT
  • Blockchain
  • Metaverse
  • DeFi
  • Web3
  • Analysis
  • Regulations
  • Scam Alert

Copyright © 2024 Blockchain Broadcast.
Blockchain Broadcast is not responsible for the content of external sites.