Roundhill Launches New Meme Stock ETF -- WSJ

Dow Jones10-08

By Hannah Erin Lang

Meme stocks are back-and so is the option to buy a basket of them.

Roundhill Investments has launched an exchange-traded fund focused on a new class of meme stocks, or high-momentum shares favored by individual investors. It's trading under the ticker $MEME.

The fund is "the only ETF in the world to offer targeted exposure to meme stocks," according to a company fact sheet, with some of the largest holdings including Opendoor, Plug Power and QuantumScape. The fund will be actively managed so that newly trending shares get added to the mix.

Roundhill shuttered a similar meme stock ETF in 2023 because of a lack of interest.

The return of meme-stock speculation has left some investors concerned about an overheating market. Roundhill describes the category of stocks as often untethered from business fundamentals, "driven instead by speculative fervor and viral momentum."

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 08, 2025 11:12 ET (15:12 GMT)

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