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  2. ETFs

A Meme Stock ETF Could Soon Be Available to Investors

By: Mallika Mitra
Mallika Mitra, expert in Investing, Personal Finance, and Investing Editor at Money
Mallika Mitra
Investing Editor | Joined May 2020
Mallika Mitra is a reporter at Money covering money trends, investing and cryptocurrency. Her work has also appeared in Bloomberg News, CNBC and elsewhere.
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Published: Aug 27, 2021 3 min read

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Close-up of a smartphone with Meme Stocks, GameStop, AMC Theatres, Nokia, and BlackBerry Enterprise app
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Soon, meme stock investors might not have to scroll through Reddit and Twitter hoping to find the next GameStop.

On Thursday, Roundhill Financial filed a plan with the U.S. Securities and Exchange Commission to launch the Roundhill MEME ETF (MEME). The fund would track an index that includes stocks of companies with elevated levels of social media activity and short interest — both factors that go into making a meme stock. It would rebalance based on those levels of activity and interest every two weeks, and trade on the New York Stock Exchange.