According to analysts at Bloomberg ETF, it may not be long before Americans see the first active memocoin-centric exchange trade funds.
Bloomberg ETF analyst Eric Barschnas said on the June 7th X Post there is a “really good opportunity” that exists at some point in time to actively trade Memocoin.
“First, we’ll get a lot of active crypto ETFs,” he said, adding that there is a high chance that an active memocoin-only fund will emerge in 2026.
Memecoin Trading has exploded this year, especially among retailers, with a total market capitalization of over $60 billion. This could encourage ETF publishers to develop products that leverage this emerging sector of the crypto market.
His comments came in response to X’s posting by the Russian-centric Memecoin team on “Vladcoin”.
Actively, the trade fund will “hold the promising and sell the weaker ones,” they added.
This is different from inactive ETFs that provide exposure to a single asset rather than a dynamically changing basket of assets.
All Eyes in Dogecoin ETF
Balchunas added that tokens can be included in active ETFs if they are not included in the Securities Act of 1933. He said that the Dogecoin (Doge) ETF application “Please tell me a lot.”
Several ETF publishers, including Grayscale, Bitwise and 21 shares, have applied for the Spot Dogecoin ETF this year.
The Osprey Funds and Rex filed filings with the Securities and Exchange Commission of Dogecoin, the official Trump (Trump), and Bonk (Bonk) ETF in January.
Polymet odds drop to 44%
Balchunas said in February that the SEC is 75% likely to approve the SPOT Dogecoin ETF this year, but the odds for the blockchain forecasting platform Polymet have dropped to 44%.
The regulator has yet to approve Memecoin-based ETFs or other Altcoins such as Solana (Sol), XRP (XRP), and Litecoin (LTC), one of the many Crypto ETFs submitted this year.
Related: Over 70 US Crypto ETFs await SEC’s decision this year – Bloomberg
Memokine has melted
The Memecoin Bubble peaked in January and has been shrinking ever since, with most highly capitalised tokens falling over 70% from their peak price.
Trump’s official coin failed to maintain momentum after the president’s son Eric said the family project, the world’s Liberty Financial, is expected to acquire a substantial amount of tokens on June 6th.
Trump had a record high of 73% to 86% on January 19th, with most Memecoin suffering similar pain, with Dogecoin dropping by 75%, Shiba Inu (Shib) losing 85%, Pepe (Pepe) defeating 60% from their respective record highs.
magazine: One new base memokine is a scam, with 91% vulnerable
