An actively managed meme coin ETF could potentially bring more visibility and credibility to the meme coin market, benefiting projects like Bitcoin Pepe.
Bitcoin Pepe, with over $14 million raised in its presale, is attracting significant investor interest due to its technical ambitions.
The broader cryptocurrency market saw a slight increase in value on Monday, with attention on US-China trade negotiations.
Bloomberg ETF analyst Eric Balchunas suggests that actively managed meme coin ETFs could be introduced as early as next year, which could pave the way for institutional capital inflows and mainstream adoption.